Sunday 30 May 2010

Millwall up, Palace down and out?

Whilst Millwall's loyal 37,500 fans celebrated a one-nil win over a hugely disappointing Swindon side yesterday, the latest news on the parlous state of Crystal Palace was filtering through. The leading consortium, CP2010, have apparently done a deal on the ground but the debt to the outstanding creditors remains the stumbling block.
With Brendan Guilfoyle offering a penny in the pound to creditors, Simon Jordan looks to be the big loser (still) and it is he who is apparently holding the deal up. I can't believe Jordan would put Palace out-of-business so you have to think a deal will be done but he may have to start selling some of his cars and watches to keep his apartment at the Dorchester.
In the meantime, Palace have used up all the Victor Moses money and Darren Ambrose has been flogged for £750,000 which will keep the lights on for a few weeks yet.
In terms of the Crystal Palace 2010, consortium, I happen to have met Steve Parish, the leading light on a number of occasions when negotiating terms of a new contract with him for services from his creative marketing agency, TAG. I have to say, he struck me as an immensely likeable guy with plenty of integrity and that's something coming from me about a marketeer. One of his staff alluded to him being a Palace fan and I was pleased to be able to tell him "I went down to Selhurst for three or four seasons but couldn't hack it." He was in quickly with the hope of recruiting a fellow Eagle until I delivered the punchline. If he does become the new Chairman, our japes about the Orange One will quickly turn to the minefield of huge nose jokes.

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