Leaders
Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

Levy
FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Fan group to take control of Crystal Palace FC

Mon 24th May 2010 | Clubs Ownership

Crystal Palace football club is set for a takeover by a fans' consortium CPFC 2010.  Administrator Brendan Guilfoyle said, "It's a complex deal to pull together but all of the different parts are being put in place. It's like a Rubik's cube with all the different aspects coming together."

An agreement has been reached with Aglio, the hedge fund which put the club in administration, and the sale of Selhurst Park is underway. The CPFC consortium, which is headed by fans Steve Parish and Martin Long, now needs the creditors to agree to a Company Voluntary Arrangement.

The Championship club has had a lack luster season and just escaped relegation on the last day of the season with a 2-2 draw against Sheffiled Wednesday. The administration had seen them penalized with a 10-point deduction earlier this season and their manager Neil Warnock left to join Queens Park Rangers.

If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk or ryan@fcbusiness.co.uk

Don’t forget to subscribe to F.C. Business Magazine to keep up to date with the latest comment from the football world. Click here to subscribe

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

EFL Approve Chinese Investment At Reading

Wed 17th May 2017 | Clubs Ownership

EFL approval granted as Chinese investors Dai Yongge and Dai Xiu Li take majority shareholding of club. Reading Football Club has confirmed Chinese brother and sister, Dai Yongge and Dai Xiu Li, have...

Hartlepool United Chairman Announces Resignation

Thu 4th May 2017 | Clubs Ownership

Hartlepool United’s Chairman, Gary Coxall has announced his resignation from the League Two club. The club faces relegation from the Football League for the first time in their history this...

Sam Rush Sacked By Derby County

Thu 4th May 2017 | Clubs Ownership

Sam Rush, President and Chief Executive Officer of Derby County has been sacked by the club it was announced yesterday. A brief statement released by the club read: “Derby County Football Club...

Portsmouth Enter Possible Takeover Talks

Thu 23rd Mar 2017 | Clubs Ownership

Portsmouth Football Club has confirmed it’s in talks regarding a potential takeover. In a statement released by the club, they said: “Portsmouth Community Football Club would like to...