Closure threat for Palace

Crystal Palace face liquidation unless the consortium attempting to buy the stricken club can complete the deal by tomorrow afternoon.

Crystal Palace face liquidation unless the consortium attempting to buy the stricken club can complete the deal by tomorrow afternoon.

CPFC 2010, the group headed by local businessmen Steve Parish and Martin Long, claim they have until 3pm tomorrow to secure their takeover or Agilo, the hedge fund which put Palace into administration in January, will begin selling off players and dissolving the club.

The consortium, whose bid to save the club has stalled over the sale of their Selhurst Park ground, have even called on Prime Minister David Cameron to intervene with the south London club on the brink of going out of business.

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