CPFC 2010 close on Palace takeover

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Football News

Crystal Palace are edging ever nearer to being taken over by the fans' consortium CPFC 2010.

Administrator Brendan Guilfoyle has revealed they are close to rubber-stamping the sale of the club's ground, Selhurst Park, and have also reached an agreement with Agilo, the hedge fund which put the Eagles into administration back in January.

CPFC 2010, headed by Eagles fans Steve Parish and Martin Long, now need a Company Voluntary Agreement to be accepted by the majority of the club's creditors.

"It's a very complex deal to pull together but all of the different parts of the deal are being put in place," said Guilfoyle.

"It's like a Rubik's Cube with all the different aspects coming together."

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