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Official - Palace In Administration
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My sister texted me from inside the building that they're "hemmed in". I am sure she will provide the necessary robust response if any stripeys think they should get taxpayers money to bail them out.0
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Administrator statement: deadline not definite
ADMINISTRATOR Brendan Guilfoyle has admitted that the deadline to begin the liquidation of Crystal Palace is likely to slip as "significant progress" has been made in the negotiations.
The CPFC 2010 consortium released a statement yesterday stating that if no deal had been agreed on the purchase of Selhurst Park by 3pm this afternoon, Guilfoyle would begin to sell off the club’s top players.
Darren Ambrose will be the first to leave with a £750,000 switch to Queens Park Rangers already agreed.
However, Guilfoyle has been informed that 2010 and Lloyds Banking Group - the chief creditors in the Selhurst Park administration - are in direct contact and that a deal is now close.
“The 3pm deadline is not set in stone by me, of course I will give 2010 the time to negotiate the deal,” he said. “The bank are telling me they are now fully engaged with the consortium and significant progress has been made on the sale of the stadium.
"Apparently they are very close to sealing a deal, so things are looking positive."0 -
According to my source Lloyds have said they will start accepting bids for players.0
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CPFC 2010 close on Selhurst Park deal
"the administrator has also confirmed that he has put the block on player sales - as he now discusses CPFC 2010 starting to fund the running of the club. "0 -
[quote][cite]Posted By: Friend Or Defoe[/cite]According to my source Lloyds have said they will start accepting bids for players.[/quote]
How well connected is your source? The administrator is now saying a deal is close to being agreed and the deadline is not set in stone?0 -
Stop arsing around Guilfoyle get selling !0
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According to my source Lloyds have said they will start accepting bids for players.0
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[cite]Posted By: Friend Or Defoe[/cite]According to my source Lloyds have said they will start accepting bids for players.
...and what have Lloyds got to do with Player sales?
They are in charge of the ground issues.0 -
[cite]Posted By: Friend Or Defoe[/cite]According to my source Lloyds have said they will start accepting bids for players.
Lloyds have nothing to do with the players though. That's Agilo's and the administrator's responsibility, and to a lesser extent the Orange one. Lloyds is purely to do with the ground0 -
[quote][cite]Posted By: SparrowsLane[/cite]Stop arsing around Guilfoyle get selling ![/quote]
Dont think he will now,looks like its going through doesnt it. As much as I dont want to see palarse go under I do think that they have used the admin route to very good effect,3 times in 20 years isnt it? Something very wrong somewhere that allows a business to write off countless debts time and again only to be allowed to continue without too much reproach0 - Sponsored links:
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Lol, I have never seen so many members logged in as now, I thought we did not care about palace??? ;-)0
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If you were a bookie what would the odds be?
Palace go:
belly up 10/1
Sell players to survive another month 1/2
Consortium save the day 5/4
Merge with Millwall 100/1
Merge with us 200/1
Have I missed any?
Oh.. Jordan tops himself 50/10 -
Guilfoyle on SSN now said things are moving in the right direction and he's a lot happier today than yesterday.0
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Palace go:
belly up 20/1
Sell players to survive another month 5/4
Consortium save the day 1/100
Merge with Millwall 100/1
Merge with us 200/10 -
You know what, I don't think he's outside Lloyds at all![cite]Posted By: budgie[/cite][cite]Posted By: Friend Or Defoe[/cite]According to my source Lloyds have said they will start accepting bids for players.
...and what have Lloyds got to do with Player sales?
They are in charge of the ground issues.0 -
[cite]Posted By: eaststandmike[/cite]Lol, I have never seen so many members logged in as now, I thought we did not care about palace??? ;-)
I'm on here because the bbs has crashed and burnt.
Keep the news coming gents.0 -
[cite]Posted By: eaststandmike[/cite]Lol, I have never seen so many members logged in as now, I thought we did not care about palace??? ;-)
no they dont care about us[cite]Posted By: Chris_from_Sidcup[/cite]Guilfoyle on SSN now said things are moving in the right direction and he's a lot happier today than yesterday.
boo i was hoping they would be finished the stripey divs0 -
They'll be fine.0
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Looks like it's turned out ok for them (well, as best as could be hoped) according to this
http://fypfanzine.wordpress.com/0 -
Seen a few clips of the Palace fans protesting in the City of London this afternoon, and unless he has an identical twin, i swear i have just seen Lester (Regular Charlton fan from the late 80's and early 90's) holding a St Georges flag with CPFC on it.0
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No way not lester!! Can't be him0
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[cite]Posted By: shirty5[/cite]Seen a few clips of the Palace fans protesting in the City of London this afternoon, and unless he has an identical twin, i swear i have just seen Lester (Regular Charlton fan from the late 80's and early 90's) holding a St Georges flag with CPFC on it.
where did you see it
post a link0 -
[cite]Posted By: shirty5[/cite]Seen a few clips of the Palace fans protesting in the City of London this afternoon, and unless he has an identical twin, i swear i have just seen Lester (Regular Charlton fan from the late 80's and early 90's) holding a St Georges flag with CPFC on it.
Go on admit it, you're a little jealous. If he had told you, you'd have joined him.
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Is it half-term at the moment?....they better not piss off Lloyds too much otherwise they'll freeze their junior saver accounts.0
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they should have spoken to steve re their flags.0
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BBC News announce Palace saved0
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Please let them be sved and please please let the "team of the 80z" have more and more pain. Death of 10,000 cuts -- yes that does say cuts and ididnt miss the N out.0
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I don't want to see clubs go down the pan but I feel strangely deflated by the news.0
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[cite]Posted By: ValleyGary[/cite]Is it half-term at the moment?....they better not piss off Lloyds too much otherwise they'll freeze their junior saver accounts.
I did think that. ;-p0
