- Crystal Palace News
- League Table
- News Archive
- Championship News
Guilfoyle admits sale is close
13 May 2010 - 14:24:27
Crystal Palace administrator Brendan Guilfoyle has admitted the Championship club are close to being sold.
The Londoners, who staved off relegation to League One after a final-day 2-2 draw with Sheffield Wednesday, were docked ten points for entering administration earlier in the campaign after a succession of financial irregularities.
However, Guilfoyle has admitted things are looking brighter following talks with the CPFC 2010 consortium, the group who are believed to be ready to lodge a formal bid to take over the Selhurst Park outfit.
Seaking to Croydon Advertiser, he said: "I'm hoping I can get a sale agreement in place by the time of the meeting on Monday, then I can draw up my CVA (Company Voluntary Agreement) after that."