27 Apr 2010Crystal Palace administrator rejects ground-share rumours

Football Clubs News | Football Finance News

Brendan Guilfoyle, the man currently tasked with salvaging the finances of Championship strugglers Crystal Palace, has denied suggestions the club could be forced to ground-share with a local rival.

Reports had hinted that financial firm Lloyds had been forced to consider the possibility of selling Selhurst Park to a developer, despite the inevitable criticism that would bring, but Guilfoyle says this is "wide of the mark".

He told Sky Sports News that he is confident the side can be saved, adding: "Talks have been going on with two sets of administrators, one for the club itself and one for the ground."

The team have been the subject of interest from the CPFC 2010 consortium, but the Telegraph claimed over the weekend that their £3 million offer is lower than PricewaterhouseCoopers' valuation, believed to be £6 million.

Following their 1-1 draw with West Bromwich Albion, the Eagles face a make-or-break trip to Sheffield Wednesday, where a defeat will see them relegated into League One.

Written by Mark Thompson

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