Crystal Palace have announced new investment in the club, leading to the appointment of a fourth director.
American businessman John Textor joins chairman Steve Parish, Josh Harris and David Blitzer on the board.
The investment, in the region of £90m, has given new boss Patrick Vieira money to spend in the transfer market before the new Premier League season starts on Saturday with the Eagles at Chelsea .
The academy's status has also been upgraded to category one.
Five new players have arrived this summer including Joachim Andersen, who joins from Lyon having impressed on loan at Fulham last season, as well as Chelsea pair Marc Guehi and Conor Gallagher, Michael Olise and Remi Matthews.