Crystal Palace - Jordan stumps up 5mil to save Palace
UK time is: 05:58:29
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Jordan stumps up 5mil to save Palace

Palace chairman Simon Jordan has stated he has pumped 5million into Crystal Palace this summer to keep it afloat.

And if he hadnt done that then Palace would of been in serious trouble.

He has spelt out the reality of the problems Palace would face if he did not continue to inject his own money into the SE25 outfit.

Jordan told the SLP: "I`ve been sitting in situ at Palace for nine years - most of that outside the Premier League - and this summer has been the most brutal.

"You can`t get help from the banks because there are no traditional forms of finance available in football at the moment. Either I write massive cheques or Crystal Palace struggles. So I write out massive cheques.

"The last 12 weeks have been the most miserable I`ve ever had in my adult life. And the last six months have probably been the most difficult since I`ve owned the club. I`ve fought hard to keep Crystal Palace going and put my money where my mouth is.

"The players will be paid and I don`t feel shame or indignity. I`ve stood there when most people would have stepped aside and let it go down.

"Most people would have gone - like at Southampton where they refused to keep shelling out.

"I`ve pumped a significant amount of my personal wealth in at a time when everyone is under pressure because of the economic crisis.

"My concern is the club going forward. Players have to be paid - whether I agree with their moral scruples or contribution to the football club - and they most certainly will be.'




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



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

The Journalist

Writer: Pete Dunbar Mail feedback, articles or suggestions

Date:Tuesday August 4 2009

Time: 12:22PM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Crystal Palace Articles

Palace v Swansea - Preview (Saturday May 23 2015)

Pardew Talks Bolasie & Youngsters (Saturday May 23 2015)

Speroni Stays For 2015-16 (Friday May 22 2015)

Mariappa's Watford Return? (Thursday May 21 2015)

Palace Weigh Up 'Keeper Offer (Thursday May 21 2015)

Price Tag Inspires Bolasie (Tuesday May 19 2015)

Kelly & Punch Talk Liverpool (Sunday May 17 2015)

Archived Crystal Palace Articles

List All Vital Palace Articles
Have your say
Click here to suggest an article
Click here to suggest a poll
ScoopDragon Premier League Network Sites

League Results (view all)

League Table (view table)

Team P W D L GD Pts
9. Stoke 37 14 9 14 -2 51
10. Everton 37 12 11 14 -1 47
11. West Ham 37 12 11 14 -1 47
12. Crystal Palace 37 12 9 16 -5 45
13. WBA 37 11 11 15 -10 44
14. Leicester City 37 10 8 19 -13 38
15. Sunderland 37 7 17 13 -20 38

Breaking League News

Leicester City v QPR - Match Preview
Q.P.R. : 24/05/2015 00:44:01
Monk Hopeful Of Finalising Squad For Start of Pre-Season
Swansea : 23/05/2015 20:13:01
Monk Thanks Pardew For Voting Him Manager of the Season
Swansea : 23/05/2015 20:00:01
City v Southampton - Preview
Man City : 23/05/2015 18:59:00
Hull v Man United - Preview
Hull City : 23/05/2015 18:37:00

Current Site Poll (view all polls)

Liverpool MotM
Suggested By:  Site Staff
Hennessey 9%
Ward 0%
Kelly 3%
Dann 3%
Souare 0%
Puncheon 37%
McArthur 0%
Ledley 3%
Lee Chung-yong 3%
Chamakh 18%
Bolasie 21%
Sub - Zaha 3%
Sub - Mutch 0%
Sub - Murray 0%