John Textor has confirmed that Eagle Football Holdings are close to securing a buyer of their 45% stake in Crystal Palace.

The American, who joined the board of directors at Selhurst Park in 2021, told Sky Sports he has received two serious bids for his stake in the South London club.

Textor's update comes after he entered an exclusivity agreement - which expires on November 30th - to buy Palace's Premier League rivals Everton.

Although the 58-year-old is Crystal Palace's largest stakeholder, he is outnumbered on voting decisions and unhappy with the control held by chairman Steve Parish and fellow US investors Josh Harris and David Blitzer.

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Young Lions prove England's future is brighter than ever Multi-club ownership is at the heart of Textor's footballing philosophy, whereas last month Parish shared he does not believe "that is right for Crystal Palace as a club."

Providing an update on his efforts to sell Crystal Palace, Texor said: "There's been articles written about how we've experienced difficulties selling our interest, but that is wrong. We haven't had difficulties selling. We started the process a while back and that process takes a while.

"We have 14 groups interested in Palace who are very qualified and we have five that went to the next level and now we have two who have made good bids while there is also the possibility that our partners might still want it as they love the club as much as I do.

"We're into the final week or two of knowing who the buyer will be. The contract I have with Farhad gives us a lot of time for that as November 30 is our deadline set to make sure we can complete it.