the creditors meeting was organised by the administrator when the CPFC2010 offer (1p in the £) was being made - my typo, but not quite sure what your point is. We were never liquidated BTW, if we were the club would not exist. Bury and Macclesfield Town, as examples, both ceased trading and had to reform as new clubs.

My main point was that the £30m Jordan claims he lost may not have been that much - in the accounts he was listed as a creditor owed £7.8m.

Haven't read Jordan's book so not sure if Agilo proposed a debt for equity swap or alternative when he got into problems but looking at the quoted level of debt: £4.3 million ? Ok, we were in Championship and it was over a decade ago but that seems like small beer in today's big money environment.

He must have thought that level of debt was serviceable and Agilo pulled the plug too cheaply so, no wonder he thought people circling the club had conspired to swoop in and pick him off. I think he has a really interesting take on the business of football. He's paid to lay it on a bit thick at times but the core of how he calls out the bullshine, goldrush fever of modern game is laudable.

And?
We all know it still made no financial sense for them to place Palace in administration, guaranteeing instantly that the money they were owed is then only going to be 1 or 2% of that figure coming back. This is why it is speculated upon that they had an ulterior motive for doing this.
Its reasonable to assume so.