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Palace won't be sold with a clink of bling

PUBLISHED: 14:33 25 March 2010 | UPDATED: 10:36 12 August 2010

THE man in charge of finding a buyer for Crystal Palace has revealed rap impresario P Diddy has shown a desire to help the beleaguered club.

THE man in charge of finding a buyer for Crystal Palace has revealed rap impresario P Diddy has shown "a desire to help" the beleaguered club.

According to administrator Brendan Guilfoyle, Diddy is one of a number of international celebrities who have spoken to the club to offer their support.

Last week, rumours were circulating after national newspapers reported that the 40-year-old rapper, thought to be worth £360 million, was planning to put in a bid for the ailing club.

Yet the crippled club is now left with news that help, if any, from P Diddy will come in the form of words rather than deeds.

Mr Guilfoyle told the Times this week that none of the celebrities so far have made any serious offers to take over the club and pay off its massive debts.

He said: "I can confirm that P Diddy has shown a desire to help, but sadly that desire does not extend to money.

"I am looking for someone with a lot

of money, and it would be brilliant

to do the deal with the clink of some bling, but sadly, I don't think he will be

spending it here."

Struggling Crystal Palace faces relegation from the Championship after being docked 10 points for going bankrupt in January, and owes its previous chairman, Simon Jordan, £20million.

The Bromley Times had previously reported that a mystery celebrity buyer was close to putting in a bid.

The club counts among its fans Liam Neeson OBE, Eddie Izzard, actors Timothy Spall and Bill Nighy - who is also patron of Palace's Disabled Children's Club.

Mr Guilfoyle added that there were a number of interested buyers that could be looking to make a bid in the near future.

He said: "I have got five interested parties circling.

"I have just spoken to one, who said he is close to getting the money together.

"I am hopeful that this is the week that we start to see some progress towards a preferred bidder."

When approached by the Times, a spokesperson for the club said: "We can't comment at the moment because there is nothing to comment on.

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