Jordan’s Crystal Palace go into administration

Kieran Beckles
By Kieran Beckles

selhurst park

Championship side Crystal Palace have finally gone into administration after a sustained period bereft by financial difficulty.

The harrowing news came to the fore yesterday when the club released a statement on their website.

Three administrators have been appointed to unearth new investors in the club. They will also reconstruct the finances at the club.

One of the administrators, Brian Guidfoyle said: “This club has been in the spotlight for some months with creditors pressing for payments and players anxious about their wages.”

He added: “Our role now is to find a buyer quickly to provide certainty for the employees, players and fans for the future. We are hoping our appointment will be short-lived as we understand there are many interested buyers.”

It means that Palace will be automatically docked a mandatory ten points. The reduction will see them drop from ninth place to a mere two points above the relegation zone.

It is an unfortunate turn of events for Palace as they had previously lingered just outside the play-off places. However manager, Neil Warnock, has vowed to battle to ensure the club’s future on the pitch.

“The supporters can rest assured that from that me and the players will fight every inch of the way,” said Warnock.

The former Sheffield United manager also voiced his support for the chairman, Simon Jordan who had rescued the club from administration in 2000.

“He has put everything into this club and he is so upset that it has come to this,” said Warnock.

Warnock will now prepare his side for the match with Newcastle United tonight.

MORE:

MORE: The latest football transfer news

MORE: Meet the Premier League's most stylish footballers

MORE: Do you know the top Muslim footballers in the Premier League?

MORE: Take a tour of Arsenal star Mesut Ozil’s £10m London house

MORE: Man United latest news

MORE: Arsenal latest news

MORE: Chelsea latest news

MORE: Liverpool latest news

The Sport Review
Maurizio Sarri demands more from his Chelsea FC stars
The Sport Review
Take a tour of Cristiano Ronaldo’s stunning house in Madrid
The Sport Review
Top 50 Muslim footballers: Arsenal, Chelsea FC, Liverpool FC and Man United stars feature
The Sport Review
Take a tour of Arsenal star Mesut Ozil’s £10m London house with us
The Sport Review
Top 50 most stylish footballers in the world in 2017: Chelsea, Arsenal stars feature – Slideshow
Laver Cup 2018
The Sport Review
Laver Cup 2018: Federer and Djokovic bond on and off court amid post-victory Europe euphoria
The Sport Review
Paul Pogba sends message to Man United fans about Alexis Sanchez
The Sport Review
Maurizio Sarri delivers update on Pedro after Chelsea FC draw with West Ham