Please find below a statement from Brendan Guilfoyle, joint administrator of Crystal Palace F.C. (2000) Limited and partner in the P&A Partnership of Sheffield, London and Leeds.
The statutory 28-day cooling off period for creditors to appeal following the approval of Crystal Palace F.C (2000) Limited's voluntary arrangement expired today (Friday 23 July.)
CPFC 2010 Limited can now formally apply to The Football League for a transfer of the club's Football League share.
Brendan Guilfoyle said: "This is now the beginning of the end of the rescue of Crystal Palace FC. I am delighted and would like to express my sincere gratitude for the support and patience of the staff and fans and indeed everyone involved at Crystal Palace.
"I would like to say a special thank you to Steve Parish. Without his determination and tenacity it would not have been possible to resolve the many difficulties that arose during such complex and lengthy negotiations."
Brendan Guilfoyle is a recognised expert in football finance. He has been joint administrator to Leeds United plc, Luton Town Football Club and Crystal Palace Football Club.
The P&A Partnership is a leading specialist insolvency firm with offices across the UK and in London.
