Simon Jordan accused joint administrator Brendan Guilfoyle of not trying hard enough to sell Crystal Palace at a creditors' meeting this afternoon.

The former Eagles chairman was present at the get-together in Holborn to discuss the recommendations for the sale of the club to CPFC 2010.

Those recommendations were agreed by the creditors, who were also told CPFC 2010 had agreed to provide ongoing funding that will pay player wages this month, but Jordan was far from satisfied.

"Simon Jordan appeared not too happy with it," said supporters trust secretary Lesley Palmer.

"He felt more could have been done to sell the club once it had stayed up.

"But Guilfoyle made a fair point in that he had contacted everybody who had shown an initial interest in buying the club to see if they were interested now it had stayed up but nobody came back to him."

One cause for Jordan's unhappiness is likely to be the offer of 1p in the £1 that will be made to creditors in the next few weeks as CPFC 2010 attempt to agree a Company Voluntary Agreement.

That would see him lose nearly all of the £8m he is owed.

The sale of the club to the consortium is still a long way from happening, though, with a deal for Selhurst Park in the balance.

Guilfoyle claimed to have no idea how CPFC 2010's discussions with the ground's administrators PricewaterhouseCoopers were going, although they are believed to have offered £3m.

They have also made an offer to Agilo for the secured loan they are owed, although this would not see the hedge fund get back 100 per cent of their money.

"Overall, it is good news but we are still very much on a knife edge," added Palmer.