Crystal Palace fan Nick Gentry discusses the current financial plight of the club and what legacy Simon Jordan will leave when he departs.

Despite Simon Jordan taking control of Crystal Palace in 2000 with much fanfare, fireworks and bullish promise of bringing the glory days back to the club, a decade later it finds itself in an arguably worse financial state.

Like back then we are hoping for a saviour to come along and bring the club back from the brink of financial meltdown, with its debt rumoured to be about £30 million and players wages being paid late for the second month running.

Neil Warnock, however, has offered a glimmer of hope, revealing there have been tentative enquiries from people looking to invest in the club.

General opinion is this is more likely to take the form of investment from an American group tempted by a document circulated in the United States marketing Palace as an investment opportunity rather than a takeover.

However, with West Ham snowed under with interest after a flurry of bids, the two Davids, Gold and Sullivan, could find themselves frozen out at Upton Park and might therefore reignite their interest in Palace.

The coming weeks will decide the future of the club.

We have a vital hearing on January 27 where we will have to come up with the moneys owed to the tax man or face closure.

Hopefully, the new deal reached with creditor Agilo will allow the money from initial player sales to be used to service the HMRC debt first.

On the other hand, if a takeover is on the cards then hopefully if will happen soon to allow Neil Warnock to keep his current squad together. It is as good as we've had for a few years and has a realistic chance of reaching the play-offs.

With this in mind, Simon Jordan has often talked of wanting to leave a legacy at Palace, so how will his tenure be remembered in years to come?

To some he will always be revered for saving Palace and for the success of the Iain Dowie years, while the debacle over the ownership of Selhurst Park has lost him the respect of many fans who feel he was dishonest in claims he had reunited the ground with the club.

No one can deny however that he has done a lot of good for our club, which, let's not forget, he has personally funded for 10 years and could leave him penniless when he could have been lying on a beach living off the interest of his fortune.

Above all though, his lasting legacy will be the academy. Our academy is the envy of most Premier League clubs and there is a long production line of exciting players, the sale of which may be able to keep the club going through these tough times.

Imagine the plight we'd be in with no Victor Moses to sell this month?