Crystal Palace Placed In Administration Before Newcastle Game


On the eve of Newcastle playing Crystal Palace, the London club has tonight been placed in administration, and are facing an immediate 10-point deduction in the Coca Cola Championship as a result.


Administrators have been appointed in a bid to rescue the Championship club, and the Football League are still to officially announce the 10 point deduction.

The expected deduction will mean Palace will go from 37 points and 9th position, down to 27 points and 20th position – 5th bottom of the league and they may be fighting relegation.

This will hardly be an uplift for their players, as they visit St. James’ Park tomorrow night, but is yet more proof of the financial fragility of many English football clubs.

We’ll be surprised if PL club Portsmouth can avoid administration next month, when they are to appear in court on a winding up charge.

The Crystal Palace chairman Simon Jordan has been actively seeking new investment, and the players have seen their wages delayed this season.

It appears the London club have no other option but to be placed into administration in the face of mounting debts.

A statement released to Sky Sports News read:

“Brendan Guilfoyle, Chris White and John Russell of the P & A Partnership have today been appointed administrators of Crystal Palace Football Club.”

“The administrators have been appointed to rescue the club and reconstruct its finances and will be urgently seeking buyers.”

This is a sad state of affairs for the Crystal Palace club and for its fans, to be sure.

Brendan Guilfoyle said:

“This club has been in the spotlight for some months with creditors pressing for payments and players anxious about their wages.”

“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.”

This may even help Newcastle get all 3 points tomorrow night, but as the Crystal Palace club will tell you – nothing is ever certain in football.

Comments welcome.



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20 comments so far

  • Thump

    Jan 26, 2010 at 6:45 PM

    Comment #1

    Warnock on SSN talking about players to bring in: “Someone for Moses if he goes, someone for Ambrose if he goes…”

    Put a bid in for both of them imo, worst that can happen is rejected bids.

    Arsene Wenger also claims that Wiltshere loan will be decided today or tomorrow, but restricted any comments beyond “…certain premier league teams”.

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  • Edd Case

    Jan 26, 2010 at 6:46 PM

    Comment #2

    Hope we beat them tomorrow night still, though I do feel sorry for their fans.

    Can we sign Moses please.

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  • Thump

    Jan 26, 2010 at 6:59 PM

    Comment #3

    I don’t like seeing teams relegated (bar the obvious) and seeing a team like Palace in administration is very unfortunate indeed, but that’s the game, I suppose.

    I don’t even know how I would feel if the Toon went into Administration =/

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  • bill

    Jan 26, 2010 at 7:06 PM

    Comment #4

    Something has to be done about football in this country. The whole system needs shaking up.

    Wage caps, sharing out the funds more fairly, etc.

    The problem is that the people in charge of a lot of clubs and the FA are greedy.

    I feel sorry for the fans at Palace as I really enjoyed their good humour the last time I was at one of their games.

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  • scrotty

    Jan 26, 2010 at 7:10 PM

    Comment #5

    You’ve got to feel for the fans and to a lesser extent the players……

    …but lets go shopping in the Crystal Palace January sale!!!!!

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  • Toonmania

    Jan 26, 2010 at 7:12 PM

    Comment #6

    Hughton,
    i know your a busy man but for christ sake get your finger out and grab hold of Victor Moses whilst he is in newcastle (you won’t get a better chance!!) he would be a massive asset to this club

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  • bill

    Jan 26, 2010 at 7:27 PM

    Comment #7

    It would be a major coup if Chris Hughton could sign Victor Moses as I hear that a number of Premiere League clubs would like to take him.

    Go for it Chris – from all reports this lad could be another Andy Cole.

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  • Ess

    Jan 26, 2010 at 7:32 PM

    Comment #8

    Ed it is nice to have you back 🙂

    Victor Moses i valued 1.112.500 £, the figure isn’t high at all, and he has played very well this year, with 18 games and 6 goals at the Championship. A player who would be better in the years, and he can use both foot (:

    we should sign him up 🙂

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  • MacToon

    Jan 26, 2010 at 7:47 PM

    Comment #9

    Shocker about Palace, hope the players are stunned tomorrow night too. We desperately need 3 points and to get into the winning ways again.

    It seems that the club HAVE been actively looking to strengthen the squad this January so lay off Hughton for a while, I’m sure they are as aware of situations/players available etc. as we are if not more so!

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  • ziad

    Jan 26, 2010 at 8:28 PM

    Comment #10

    We should Ambrose back on the cheap …
    He is a good footballer !!

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  • NewcastleMole

    Jan 26, 2010 at 8:55 PM

    Comment #11

    The whole situation stinks.

    Ashley will spend as little as possible to ensure Promotion at which point he’ll put club back on the market. We’ll spend the entire Summer Transfer market waiting for a buyer, which more than likely wont come. And we’ll start the next season with a very average to poor side and struggle.

    Can anyone name a player who can perform consistently in the premiership (baring in mind we got relegated with the majority of them). Only Harper springs to mind.

    To top it off everyone is getting excited about signing,

    Routledge (Showed huge promise at Palace, then never really settled at club and shipped from team to team) if the fee is under £1m fair enough ill be happy with that because we dont have a capable winger (R.Taylor might be a decent crosser but thats his only ability)

    Williamson (Portsmouth signed him for £2m and he didnt get a game, spent near all this career playing L1 & L2 football) If we pay more than 300k then it really is a waste of money for a player no better than Kadar.

    Yes i’m negative and pessimist but i really don’t want to see the club yo-yoing between the divisions.

    ===============================

    When you’re not happy with a Match, you voice you’re concerns to the Players

    When you’re not happy with a player, you voice you’re concerns to the Manager.

    When you’re not happy with a Manager, you voice you’re concerns to the Owner.

    When you’re not happy with a Owner, you really have no option.

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  • craigcoozy

    Jan 26, 2010 at 9:14 PM

    Comment #12

    get in ipswitch 1-west brom 0

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  • NewcastleMole

    Jan 26, 2010 at 9:32 PM

    Comment #13

    @craigcoozy

    Yeah but forest are 5-0 1 more and they’re top

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  • Edd Case

    Jan 26, 2010 at 9:43 PM

    Comment #14

    Forrest are doing ok at the min but they’ll have a dip in form for sure, I aint worried about them at all.

    In fact, I hope they go up because they’ll be the whipping boys next year in the Prem and should be 6 points for us….providing Fatty gets his dosh oot.

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  • tom tomb

    Jan 26, 2010 at 9:47 PM

    Comment #15

    craig have you heard the crack about signing Sonko?

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  • NewcastleMole

    Jan 26, 2010 at 9:54 PM

    Comment #16

    @Edd Case

    2007/2008 Season
    Derby?
    Finished with 11 Points, 4 of them where from us

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  • ziad

    Jan 26, 2010 at 9:55 PM

    Comment #17

    Forest are the in form team atm…
    We better get 3 pts 2moro

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  • G

    Jan 26, 2010 at 9:56 PM

    Comment #18

    I agree that you have to feel sorry for the Palace fans. They are the most genuine fans in London in my opinion, unlike most wockney cankers who only follow Arse / Spurs / Chelsea (quite a lot of Manyoo fans too) to bask in reflected glory. Palace / QPR / Orient seem to be the only genuine fans in the capital. I also agree that we should have a crack at Moses and Ambrose though, after all, somebody will, it might as well be us?

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  • stevep

    Jan 26, 2010 at 10:11 PM

    Comment #19

    agreed – feel sorry for Palace fans, reckon quite a few clubs are teetering on the brink of administration in all leagues.
    Lets face it if Man U, Liverpool miss out on champs league for a couple of seasons they are pretty much up the creek without a paddle
    Portsmouth are prob next tho, good fans as well

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  • Rotonda heights

    Jan 27, 2010 at 6:16 AM

    Comment #20

    Moses and Ambrose please – would solve a horrendous lack of creativity and we may actually keep the ball on the deck more.

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