Writer: Flying Eagle
Date:Tuesday June 1 2010
Fan consortium CPFC2010 have been given a deadline of 3pm this afternoon or Crystal Palace face liquidation.
Joint administrator Brendan Guilfoyle set the deadline yesterday after running out of money which has led to the sacking of 29 members of staff.
The sale of Darren Ambrose to Queens Park Rangers is thought to be a clinical part of any agreement as CPFC2010 told Guilfoyle if they let him leave they would pull out of the deal.
A Statement from CPFC2010 published on the club's official site read:
'As you are aware we are endeavouring to acquire both Crystal Palace Football Club and Selhurst Park. Everyone would agree Selhurst Park is pivotal to the long-term future of the club and CPFC2010 have always made it clear that they will not proceed without securing it.
'We have now reached agreement with Agilo regarding their debt against the club and did have what we thought was an agreement with Bank of Scotland who are the major creditor of Selhurst Park Ltd. Subsequent to this agreement we have been sent a contract that does not reflect this agreement and is unworkable.
'If we cannot reach agreement soon (we have a deadline of 3pm 1st June) Agilo have made their intention clear to sell the players and liquidate the club.
'Please be assured we are doing everything we can to make this happen but as we sit today the future of Crystal palace hangs in the balance and is very
uch in the hands of a person in a Bank in Scotland whom we have never met and it seems we are not allowed to speak to.
'We note the new governments commitment to sport, particularly sport in the community, Bank of Scotland is currently government owned, as such we would urge
he new Prime Minister to intervene personally to resolve the situation or see a club supported by many thousands with 100 year history consigned to the scrapheap.'
Date:Tuesday June 1 2010
Pulis Keeping Tabs On Obileye? (Tuesday March 11 2014)
No Palace Blame Game - Delaney (Tuesday March 11 2014)
Puncheon Admits Responsibility (Monday March 10 2014)
Pulis - Lack Of Opportunities Cost Us (Sunday March 9 2014)
Stats: Crystal Palace v Southampton (Saturday March 8 2014)
Thomas Ducks Away From The Dive (Friday March 7 2014)
Pulis Remains Confident Ahead Of Southampton (Friday March 7 2014)
Team News v Southampton (Friday March 7 2014)
Boateng And Kaikai Extend Crawley Loans (Friday March 7 2014)
Mini Palace Round Up 6/3/14 (Thursday March 6 2014)
|Crystal Palace||0||-||2||Man Utd|
|Crystal Palace||1||-||0||Hull City|
|13. Hull City||28||8||6||14||-5||30|
|16. Crystal Palace||28||8||3||17||-19||27|
» Arsenal : 11/03/2014 22:27:00
|Colo Returns (Again)
» Newcastle : 11/03/2014 22:25:00
|End Of PardewGate
» Newcastle : 11/03/2014 22:09:00
|Small Change Makes Big Difference
» Newcastle : 11/03/2014 21:49:00
|Team News: Bayern Munich vs Arsenal
» Arsenal : 11/03/2014 19:33:00
|Ref Watch: Pawson to officiate Stoke v West Ham
» Stoke : 11/03/2014 18:24:00
|Alabi returns to Scunthorpe on loan
» Stoke : 11/03/2014 18:14:00