Palace extend bid deadline

Eagles give more time to potential investors

Last updated: 15th March 2010   Subscribe to RSS Feed

Palace extend bid deadline

Selhurst Park: Deadline extended

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Crystal Palace administrators have extended the deadline for parties interested in buying the club to Friday 26th March.

Palace are currently looking for new owners and have been doing so since going into administration back in January.

The original deadline for prospective buyers was last Friday, but now interested parties will have more time to put their bids together.

Administrator Brendan Guilfoyle told the club's official website: "We have a number of individuals who have put forward an interest at this stage but no firm proof of funding has come forward.

"Therefore, it has been agreed to extend it a further fortnight to give some more time to accommodate those that want to pursue their interest in purchasing Crystal Palace Football Club."

The Eagles battled hard for a point against Barnsley on Saturday as they try to move clear of the relegation zone in the Championship.

Palace are only out of the bottom three on goal difference, having been deducted 10 points for entering administration earlier in the campaign.