​by Daniel Jones

CRYSTAL Palace could be out of administration as early as next week after the statutory 28-day cooling off period for creditors to appeal following the approval of the club’s company voluntary arrangement expired this afternoon.

Her Majesty’s Revenue & Customs were the only creditor to vote against the CVA and had until the courts closed at 4pm today to contest the ruling.

Thankfully they opted not to do so and CPFC 2010 can now formally apply for a transfer of the club’s Football League share.

Talks have already taken place between the League and 2010 and the transfer of the share is expected to be a mere formality.

Once that is completed the club will be out of administration and it will be back to business as usual for the Eagles.

Administrator Brendan Guilfoyle said he was delighted with the news and paid particularly praise to 2010 leader and new Palace co-chairman Steve Parish.

“This is now the beginning of the end of the rescue of Crystal Palace,” said Guilfoyle. “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.”