Crystal Palace for sale ad in FT
Tue 9th Feb 2010 | Clubs Ownership
The administrators in charge of Crystal Palace have taken out an advert in Tuesday's Financial Times in a bid to sell the Coca-Cola Championship club.
The P&A Partnership are offering buyers the chance to own "a long-established south London club" who are "currently enjoying success in the FA Cup".
Owner Simon Jordan has been trying to sell since July 2008, but the Eagles slid into administration a fortnight ago with debts upwards of £30million and have been deducted 10 points by the Football League.
On the pitch they have won their last three matches to ease clear of the relegation zone and secure a lucrative FA Cup fifth-round tie at home to Aston Villa on Sunday.
P&A appointed the Wasserman Media Group, who were responsible for the infamous Michael Owen brochure last summer, to seek buyers for players last month.
Teenage forward Victor Moses' £2.5million move to Wigan provided a short-term lifeline and the next step is to find a buyer for the club itself.
The advert reads: "The sale of the football club and its associated assets presents an opportunity to acquire a long-established south London club (founded in 1905) currently playing in the Championship division of the Football League and currently enjoying success in the FA Cup."
Google
Yahoo
Live
del.icio
DiggRelated Articles
Ebbsfleet United Appoint New Chairman
Wed 23rd May 2012 | Clubs Ownership
MyFootballclub have announced today that Jessica McQueen has been appointed as Chairman of Ebbsfleet United Football Club for the coming year following a member vote. Jessica, a member of...
Liverpool fans call for end to 'chaos'
Tue 22nd May 2012 | Clubs Ownership
Liverpool owners have been challenged to publicly explain their strategy for the club by a leading fans group. Spirit of Shankly, who led the protests against the despised former regime of Tom Hicks...
Premier League rule out Rovers investigation
Thu 10th May 2012 | Clubs Ownership
The Premier League have dismissed an MP's calls for an investigation into Venky's takeover of relegated Blackburn Rovers. And the Premier League say they are confident the club will remain financially...
Rangers Administrators Announce Preferred Bidder
Thu 3rd May 2012 | Clubs Ownership
Rangers Administrators Duff & Phelps have announced Bill Miller as the preferred bidder for the Scottish Premier League side. Paul Clark, joint administrator announced the American...
