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Consortium close to Palace deal

20 May 2010 11:57:45

Consortium close to Palace deal

Crystal Palace administrator Brendan Guilfoyle says the Championship club is close to securing a takeover by fans' consortium CPFC 2010.A sale of Selhurst Park is nearing completion and an agreement with hedge fund Aglio, which put the club in administration, has been reached. CPFC 2010 now need creditors to accept a Company Voluntary Arrangement. "It's a complex deal to pull together but all of the different parts are being put in place," said Guilfoyle. "It's like a Rubik's cube with all.... read more


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