Warnock revealed on Tuesday morning that Jordan has a short-term "cash-flow problem" which has delayed the wages, and the Championship club's players were informed after Saturday's win against Watford at Selhurst Park.
They expect to receive their salaries in full within 10 days and, despite the same thing happening last month, Warnock claims there is no animosity towards Jordan.
"The chairman's got a cash-flow problem at the moment which should be over in about 10 days time," he told Sky Sports News.
"He told me on Friday last week and consequently I decided to tell the players after the game. I didn't think it was right talking before the game.
"We had a meeting after the game and they were supportive like I am.
"With what's happened in life in general you're going to get bits and bobs and he deserves our support. He's supported us over the years and put many millions in so I think that's the least he deserves."
John Oster, who left the club in the summer for Doncaster, has claimed he and three other former Palace players - Shefki Kuqi, Paul Ifill and James Scowcroft - are still waiting for money they are owed from the final month of their contracts.
Palace find themselves under a transfer embargo once again, with a month to go until the transfer window re-opens.
Warnock, who has been at Selhurst Park for two years and is a close friend of Jordan, believes their current difficulties will serve to make them stronger.
He continued: "We're still on an embargo at the moment but in football in general you've got to really tighten your belts at the minute.
"I know the chairman has told me many a time over the past few years he wishes he was in a situation where he gave one or two of the previous managers quite a lot of money. But it's not like that.
"I think we rally round now, we are together.
"It's difficult, difficult for me as well but the players have been fantastic and if you saw the commitment that they've shown the last few weeks to say we can't bring players in.well we've got seven players out on loan, a couple of long-term injuries.
"It's remarkable really, everyone's doing their job and if anything it's brought us closer together the problems we've got."
Gordon Taylor, chief executive of the Professional Footballers' Association, is not too concerned by the latest developments at Selhurst Park.
Taylor believes the matter proves most footballers are not the mercenaries they are often made out to be.
"It's not a good situation but the players will rally round," he said.
"They've been asked to defer the payment of the wages and they've agreed to do that and so long as that doesn't go on for an inordinate length of time then that's part of the solidarity of football.
"And its part of what I've found when spectators think that footballers are mercenaries and just want to move on.
"They have a great deal of loyalty to the club and I've found in every single instance in my three decades in the game where clubs have been in trouble, and we must have had about two thirds of the clubs in the Premier League and Football League in such situations, that they've rallied round and agreed to defer monies in order to help the club get out of trouble and that's what they're doing now."