The London Daily News

The future of Crystal Palace football club is in the balance as the Eagles edge closer towards its winner-takes all final day relegation decider with Sheffield Wednesday.

The Eagles are two points ahead of their opponents and will avoid the drop if they draw at Hillsborough.

The CPFC 2010 consortium are hammering out a deal with the side's creditors and a meeting to secure a company voluntary agreement is set for 17th May. Full debts have been revealed as £29.7m.

By 3pm Sunday, Palace's fate will be known, the Championship or League One. Manager Paul Hart says he is "not contemplating" the future if his side go down. Danny Butterfield has spoken of a steely "determination" to succeed despite failing to secure their second tire status at home to West Brom last Wednesday.

The money runs out on Monday, administrator Brendan Guilfoyle has pleaded with the consortium to pump in the cash to secure day-to-day running but the status of Selhurst Park stadium is becoming a seriously sticky wicket.

Standoff means players sold this week

Administrators for the ground, PricewaterhouseCoopers, have told the consortium they will not sell them the ground until a takeover is approved by both Palace's creditors and the Football League.

The consortium will not buy the club without the ground.

This standoff leaves the club with little room for manoeuvre, they will have to start selling players from Monday May 3rd.