Crystal Palace co-chairman Steve Parish insists the club are in no rush to sell but they need a financial investment if they want to expand. American businessman Josh Harris, who owns NBA side Philadelphia 76ers and NHL's New Jersey Devils, had been in talks to buy the Premier League club. But Parish believes there is no need for the south London club to sell up but is wary of the financial implications of commissioning new projects. Crystal Palace co-chairman Steve Parish said that the club are in no rush to sell up . 'Taking on commitments and building things is risky,' he said. 'You could lose a lot of money really quickly. People have lost hundreds of millions in this game in a year or two. 'I could probably stay 20 years and I could get a new main stand and a new training ground and find a way of financing it every year. 'But if you finance it, it puts the club at risk. If you get relegated, you've got a project you're committed to and suddenly your wage bill is bigger than your income. Palace are 11th in the Premier League table and look set to avoid relegation to the Championship again . 'We need a sizeable chunk of investment to do things quickly.' Palace are currently 11th in the Premier League table and look set to avoid relegation to the Championship for the second season in a row.
Crystal Palace co-chairman says club are in no rush to sell . American Josh Harris had been in talks to buy the club . Parish wary of committing to new building projects .