Crystal Palace have been saved from extinction after an agreement was reached in principle for CPFC 2010 to buy the club and Selhurst Park.
The club is struggling and consequenlty, Palace are favourites to go down. In the football betting Paddy Power have shortened the odds of Crystal Palace being relegated to Division one.
Administrator Brendan Guilfoyle gave them until Tuesday at 1500 BST to reach an agreement with Lloyds Bank before starting to liquidate the club.
At that stage, he said he would begin selling players – ending the chances of the consortium taking over.