“The beginning of the end of the rescue of Crystal Palace”

Crystal Palace’s immediate future in the Football League was assured this afternoon, with the passing of the 28-day deadline for objections to the arrangement which paid-off the club’s former owners’ creditors.
Brendan Guilfoyle, the joint administrator of Crystal Palace FC (2000) Ltd, issued this statement just before 5pm:

The statutory 28-day cooling off period for creditors to appeal following the approval of Crystal Palace FC (2000) Limited’s voluntary arrangement expired today (Friday 23 July).

CPFC 2010 Limited can now formally apply to The Football League for a transfer of the club’s Football League share.

Brendan Guilfoyle said: “This is now the beginning of the end of the rescue of Crystal Palace FC. I am delighted and would like to express my sincere gratitude for the support and patience of the staff and fans and indeed everyone involved at Crystal Palace.

“I would like to say a special thank you to Steve Parish. Without his determination and tenacity it would not have been possible to resolve the many difficulties that arose during such complex and lengthy negotiations.”

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