Palace go into Administration

Last updated : 26 January 2010 By Palace Reporter

Brendon Guilfoyle, Chris White and John Russell of the P & A Partnership have this afternoon been appointed administrators.

Guilfoyle said: "This club has been in the spotlight for some months with creditors pressing for payments and players anxious about their wages.

"Our role now is to find a buyer quickly to provide certainty for the employees, players and fans for the future.

"We are hoping our appointment will be short-lived as we understand there are many interested buyers."

More to follow