Crystal Palace Football Club

• Nickname:The Eagles
• Founded:1905
• Manager:Ian Holloway

• Ground:Selhurst Park
• Capacity:26309

Cash-flow problem for Palace

01 Dec 2009 - 14:57:27

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Crystal Palace have failed to pay the club's players, staff and management on time.

An emergency meeting was called following Saturday's 3-0 win against Watford to break the news to the squad.

Eagles manager Neil Warnock said: "I spoke to the chairman (Simon Jordan) last week. I explained the situation to the players. I think they were very positive.

"The chairman said he's got a cash-flow problem for about ten days. Simon's doing his best. Obviously the cash-flow is a problem.

"But we've got another home game next Saturday and you've got to accept in the modern day that these things happen."