Vital Football

Latest Crystal Palace News

Palace's Selhurst home will not be sold quick

Palace's Selhurst home will not be sold quick

Selhurst Park will NOT be involved in a quickfire sale to ease the money worries of cash-strapped firm Rock Investments, who own the stadium.

It emerged on Wednesday that Rock has joined the growing list of business to be hit by the credit crunch after going into administration, leaving many question marks over the future of Palace`s home.

PricewaterhouseCoopers (PWC), the appointed administrators, could in theory look to sell the freehold in a bid to ease ailing Rock`s short-term money worries.

But speaking to the Croydon Advertiser moments after Rock`s administration was confirmed, Barry Gilbertson, real estate partner of PWC, said "We are only just starting the process so nothing concrete will be decided any time soon', said Gilbertson.

"At the moment we just don`t know if we will look to sell Selhurst Park.

'The administrators role is to return as much money as possible but that doesn`t mean to say all the assets will be sold in five minutes.

'It`s still early days, Rock are in £500million worth of debt so it`s a lot to get to grips with."



For the very latest Championship odds

Click here to join in the debate on the club forum.

Writer:Pete Dunbar
Date:Sunday June 7 2009
Time: 8:42AM

Login to post a comment

Recent Crystal Palace Articles

Stats: Crystal Palace v Blackpool

All the stats from Crystal Palace (2) vs (0) Blackpool, Selhurst Park, 23/8/16 Att: 7,533

Crystal Palace v Blackpool - Team Sheets

Crystal Palace are at Selhurst Park with Blackpool the visitors for the latest League Cup match.

Follow Crystal Palace v Blackpool Live On Twitter

Crystal Palace are at Selhurst Park with Blackpool the visitors today, this will be a 7:45pm kick-off.

League Cup Round 3 Draw Wednesday Evening

The draw for round three of this year's League Cup competition will take place at around 9.45-10pm on Wednesday evening following the Accrington Stanley v Burnley tie.

Archived Vital Palace Articles

Vital Palace articles from

Site Journalists

Eddy Eagle
Editor email
Profile

Current Poll (see more polls)

LC - Blackpool MotM
Suggested By: Site Staff
Mandanda0%
Kelly0%
Dann0%
Tomkins0%
Souare0%
McArthur0%
Cabaye0%
Puncheon0%
Mutch0%
Townsend0%
Benteke0%
Sub - Wickham0%
Sub - Lee Chung-yong0%
Sub - Zaha0%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
1 Man City 2 2 0 0 6 4
2 Man Utd 2 2 0 0 6 4
3 Hull City 2 2 0 0 6 3
4 Chelsea 2 2 0 0 6 2
5 Everton 2 1 1 0 4 1
6 Middlesbrough 2 1 1 0 4 1
7 Spurs 2 1 1 0 4 1
8 Burnley 2 1 0 1 3 1
9 WBA 2 1 0 1 3 0
10 West Ham 2 1 0 1 3 0
11 Liverpool 2 1 0 1 3 -1
12 Swansea 2 1 0 1 3 -1
13 Arsenal 2 0 1 1 1 -1
14 Watford 2 0 1 1 1 -1
15 Leicester City 2 0 1 1 1 -1
16 Southampton 2 0 1 1 1 -2
17 Stoke 2 0 1 1 1 -3
18 Sunderland 2 0 0 2 0 -2
19 Crystal Palace 2 0 0 2 0 -2
20 AFC Bournemouth 2 0 0 2 0 -3
Latest F1 News
Latest Vital Boxing News

Recent Crystal Palace Results (view all)

Crystal Palace Fixtures (view all)

Vital Members League Table

RankNamePoints
1.noburberry2