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Club News

On This Day - 2010

1 June 2015

On this day five years ago, Crystal Palace were saved from a looming liquidation by the consortium CPFC 2010 (Steve Parish, Stephen Browett, Martin Long and Jeremy Hosking), who agreed a deal in principle to buy the club, effectively saving the Eagles from footballing oblivion.

That day, in which thousands of Palace fans demonstrated outside the offices of Lloyds Bank in London, was a turning point for the south London club, who have enjoyed an astounding progression towards the higher reaches of English football in the half-decade that followed.

Today, the club is in a much better position, just five years on from the last administration, sitting in mid-table of the Premier League, as opposed to circling around the wrong end of the Championship.

A narrow escape away to Sheffield Wednesday on the final day of the 2009-10 season preceded the CPFC 2010 takeover and helped to keep Palace in the Championship, but since the summer that followed, the Eagles have not looked back.

That 2009-10 season saw Palace finish 21st, now the club sits tenth in the Premier League after a second consecutive season in the top flight. The Eagles have consistently improved under the ownership of CPFC 2010, finishing higher up the table each season. 

In the Eagles' first campaign under CPFC 2010's ownership, the club finished 20th in the Championship, which was then followed by a 17th place finish and an exciting League Cup run added excitement to the 2011-12 campaign, with the Eagles reaching the semi-finals of the competition before narrowly missing out on a spot in the final.

A fifth place finish and promotion via the Play-Offs to the Premier League followed in 2012-13.

Palace had never survived more than one season in the top-flight during the Premier League era before the 11th placed finish in 2013-14, which was then bettered this time out under Alan Pardew, with the club securing 10th place with a final day win over Swansea City at Selhurst Park. The club has also broken a number of records during the last five years, showing - statistically - just how far the red and blue army has come since June 2010.

During the current owners' time at the helm, Palace have also acquired the rights to Selhurst Park and the training ground, putting the club in a far more comfortable position than it has been in recent memory.

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