They'll get a reprieve, unfortunately.

"...Guilfoyle told BBC Radio 5 Live: "I've already made the calls [to other clubs]. What I'll actually do after the deadline is start selling players. The enquiries are out, offers have been received.

"There are a number of players who have value but once they're sold and if no-one else comes in then I'll have to resign, walk away and then the liquidation process will re-start.

"I am now genuinely concerned because I can't let the thing drift on into June.

"The staff at Palace have not been paid since the end of April. I can deal with that by selling the club's star players but what CPFC 2010 have said is if you start selling players we'll no longer be interested.

"If I start selling players - and I will because I have to - I'm not confident CPFC 2010 will still be around. In those circumstances I haven't got anyone to buy the club because they have, for a long time, been the only show in town."

Posted By: Arganth, Jun 1, 15:00:19