Palace Face Closure As Takeover Talks Reach Deadline

Western MailJune 01, 2010

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Summary


CRYSTAL Palace face liquidation unless the consortium attempting to buy the stricken club can complete the deal by this afternoon. CPFC 2010, the group headed by local businessmen Steve Parish and Martin Long, claim they have until 3pm today to secure their takeover or Agilo, the hedge fund which put Palace into administration in January, will begin selling off players and dissolving the club.

The consortium, whose bid to save the club has stalled over the sale of their Selhurst Park ground, have even called on Prime Minister David Cameron to intervene with the south London club on the brink of going out of business.

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Palace Face Closure As Takeover Talks Reach Deadline

Selhurst Park is currently under the control of separate administr...

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