Huge debt, daily losses and a bankrupt chairman – Dominic Fifield recounts the sorry saga at Crystal Palace
Crystal Palace, founder members of the Premier League which they left just two years ago, have now been perched on the brink of oblivion for nearly a year. Over £20 million in debt and losing £40,000 every week, south London’s perennial under-achievers have been brought to their knees by gross financial mismanagement.