CPFC in Administration

Today administrators, P & A Partnerships, have been appointed to Crystal Palace Football Club as it has failed to pay its debts.

The move has been made in order to rescue the club and repair its finances and to seek a buyers. Creditors have been pressing for payment for several months and players had also been concerned about their wages.

The administrators were upbeat as they see their appointment as a temporary measure to to the high interest from potential buyers.

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