Crystal Palace administrator Brendan Guilfoyle has confirmed the club has
officially exited administration today.
The Football League has accepted CPFC as the new owners of Crystal Palace,
replacing Crystal Palace FC 2000.
Guilfoyle, partner at P&A Partnership, said: “It is a relief to get to
the end of what has been a long and complex procedure.”
The administrator confirmed that the player transfer embargo had been lifted
and there would be no further point deductions for the club.
Crystal Palace entered administration in January this year with debt of more
In June HBOS sealed a deal with CPFC to save the club.
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children