Crystal Palace Football Club

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

• Ground:Selhurst Park
• Capacity:26309

Guilfoyle admits sale is close

13 May 2010 - 14:24:27

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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."