UK time is: 11:36:00
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

Guedioura Loaned To Watford (Wednesday November 26 2014)

Stop Criticising Referees Neil! (Tuesday November 25 2014)

Palace Join Senegalese Midfielder Chase? (Tuesday November 25 2014)

Palace 3-1 Liverpool (Monday November 24 2014)

Bolasie & Jedinak On Liverpool Win (Monday November 24 2014)

Stats: Crystal Palace v Liverpool (Sunday November 23 2014)

Team News: Palace v Liverpool (Friday November 21 2014)

Williams Returns To Palace For Treatment (Thursday November 20 2014)

Potential January Targets? (Tuesday November 18 2014)

Archived Crystal Palace Articles

List All Vital Palace Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

League Results (view all)

League Table (view table)

Team P W D L GD Pts
12. Liverpool 12 4 2 6 -3 14
13. WBA 12 3 4 5 -4 13
14. Sunderland 12 2 7 3 -7 13
15. Crystal Palace 12 3 3 6 -4 12
16. Aston Villa 12 3 3 6 -11 12
17. Hull City 12 2 5 5 -3 11
18. Leicester City 12 2 4 6 -7 10

Breaking League News

Everton braced for January raid
Everton : 27/11/2014 10:23:00
Injuries Continue To Mount Up For The Gunners
Arsenal : 27/11/2014 10:20:00
Arsenal : 27/11/2014 10:07:00
Liverpool: Rodgers Praises 'Exceptional' Character
Liverpool : 27/11/2014 09:24:00
Tottenham Hotspur vs. Partizan.
Spurs : 27/11/2014 09:07:00

Current Site Poll (view all polls)

Liverpool MotM
Suggested By:  Eddy
Speroni 1%
Kelly 0%
Dann 0%
Delaney 0%
Ward 0%
Puncheon 0%
Jedinak 12%
Ledley 0%
Bolasie 37%
Chamakh 25%
Gayle 25%
Sub - Hangeland 0%
Sub - McArthur 0%
Sub - Bannan 0%