Sunday, August 8, 2010

Lloyds faces dilemma Sale Selhurst Park

Supported by Lloyds has been torn over the park, what to do with Selhurst - traditionally the football field at the home of Crystal Palace FC. If you sell to a group of fans Footie at reasonable interest rates will be taken, or offer more profitable by a strong group of developers?

The financial difficulties have hit the club for years, and now the Crystal Palace at Selhurst Park and the separate administrations. Soil is important creditor LloydBanking group, which is still owed 12 million pounds, after the site was acquired by the former vice-chairman Paul Kemsley FC Tottenham, himself a lawyer for your business collapsed last year.

Because of this unfortunate event, the floor is now in administration. Crystal Palace, including land rented by Mr Kemsley, and left in a difficult position - as Lloyds.

If the bank sold the land to developers, is facing a protest, even the fangood game. The loss of soil could bring the whole future of Crystal Palace at risk.

The pool of fans, known as the PEFC in 2010, with 3 million pounds for the Web site that about half of the sum of the official evaluation by the administrator, PricewaterhouseCoopers is given.

Therefore, you may need to do the right thing for football and sale CPFC 2010 - but then it would change and the British taxpayer, who still owns 41 percent of Lloyds Banking after purchase.

ButTime to rival the CPFC is a group of developers who are willing to change the location and purpose can be sold to supermarket giant Sainsbury's was looking to expand its facilities, which currently limits Selhurst Park

It 'a real dilemma for Lloyds, and all parties to monitor the situation curious to see what is finally resolved.

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