Football Clubs News | Football Finance News
Crystal Palace's administrators have taken out an advert in the Financial Times to encourage prospective buyers.
The south London club were docked ten points after entering administration two weeks ago, with Sheffield firm P&A Partnership appointed to find a new owner at Selhurst Park.
Assets highlighted by the advertisement include the Championship side's "well established and highly reputable academy", as well as its training ground in Beckenham, Kent.
Meanwhile, administrator Brendan Guilfoyle told BBC Radio Five Live that "about 20 parties" have already expressed an interest in buying the club.
"There are some timewasters around inevitably in football, but 20 is not a bad start," he said.
Crystal Palace have reported debts of £30 million, but acquired £2.5 million by selling teenage winger Victor Moses to Wigan Athletic in the January transfer window.
The club will also bring in some much-needed revenue with their FA Cup fifth-round tie at home to Aston Villa this weekend.
Written by Paul Roberts
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21 October 2010
21 October 2010
21 October 2010
20 October 2010
20 October 2010
