Tag Archives: scope

Robert Huth: Ryan Shawcross dived when Marouane Fellaini headbutted him

Shawcross shouldn't have dived when Fellaini headbutted him, jokes Huth

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UPDATED:

13:25 GMT, 16 December 2012

Robert Huth made light of the Marouane Fellaini headbutt on Ryan Shawcross by sarcastically telling his Stoke colleague he shouldn't have dived.

The morning after the incident the German defender tweeted: 'Hate to see diving in the Prem. Stay on your feet Shawcross.'

Everton drew 1-1 with Stoke on Saturday in a game which was marred by the moment in which the Belgian midfielder viciously headbutted Shawcross.

Combative: Both Robert Huth and Marouane Fellaini like to throw themselves around

Combative: Both Robert Huth and Marouane Fellaini like to throw themselves around

Heads, you lose: Fellaini should be banned, according to his manager David Moyes

Heads, you lose: Fellaini should be banned, according to his manager David Moyes

Heads, you lose: Marouane Fellaini should be banned, according to his manager David Moyes, after he appeared to headbutt Ryan Shawcross

Following the match, Toffees boss
David Moyes admitted the headbutt was 'not acceptable' and Fellaini
issued an apology on the club's official website and on Twitter.

'I apologise completely to Ryan Shawcross, my team-mates and to our fans at the game,' said Fellaini.

'There was a lot of pushing and
pulling going on inside the Stoke penalty area and I didn't feel I was
getting any protection from the officials.

Grounded: Shawcross was left in a heap clutching his face after the clash

Grounded: Shawcross was left in a heap clutching his face after the clash

'Nevertheless I know I shouldn't have done what I did.

'I have also apologised to the manager
and the staff. I have no excuses, I was disappointed with the way I was
being treated and I lost my temper, which was unprofessional of me.'

Moyes said after the game that Everton
would accept any punishment, with referee Mark Halsey's failure to act
allowing the FA scope to hand down retrospective punishment.

Retrospective action: Fellaini could face an FA charge after this incident

Retrospective action: Fellaini could face an FA charge after this incident

Neil Lennon: Celtic can Finnish the job

We can Finnish the job, roars Celtic boss Lennon after narrow Champions League win

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UPDATED:

00:12 GMT, 2 August 2012

Neil Lennon was far from downbeat
despite Celtic's 2-1 home win over HJK Helsinki leaving their Champions
League hopes in the balance.

The Hoops were made to pay for early
profligacy in the first leg of their third-round qualifier less than two
minutes into the second half when Rasmus Schuller fired the visitors
ahead.

Upbeat: Celtic manager Neil Lennon

Upbeat: Celtic manager Neil Lennon

However, the Scottish champions stormed back and striker Gary Hooper levelled in the 54th minute before defender Charlie Mulgrew headed the winner seven minutes later.

The Celtic boss was bullish in his assessment of his side's first competitive 90 minutes of the season and their prospects in the return game in Finland next week.

'I am not disappointed at all,' said the Northern Irishman.

'It is a huge improvement on where we were last year.

'I think Helsinki can count themselves pretty fortunate that it was only 2-1.

'They will think they have got a good result but I seen enough there….there is plenty of scope for us in the away tie.

'I am not looking at it through rose tinted glasses, I do look at it from a different perspective sometimes. I am pleased with the performance.

'The scoreline doesn't reflect the performance but sometimes that happens.

Charlie Mulgrew of Celtic celebrates

Vital strike: Charlie Mulgrew celebrates

'We have a week to get ready, we have another game at the weekend obviously and the players will benefit from that game tonight.

'The tempo of the game was good and some of the football and chances created were superb against a team who just wanted to sit in and counter-attack.

'We want European football badly and I think the players showed that.

'For me, the tie is in the balance. We are a goal up which gives us a slight advantage over them

'They will have to come out and score, they showed they are capable of doing that but then again, so are we.'

Lennon was especially pleased by the way his players reacted to losing a goal just after the break.

The former Celtic skipper said: 'We showed brilliant character, the game could have got away from us at that stage.

'You can't have the perfect game all the time. Fraser Forster made the save, it hit off Victor Wanyama and the guy scored.

High point: Gary Hooper celebrates his goal with Kris Commons

High point: Gary Hooper celebrates his goal with Kris Commons

'The disappointing thing was it came from our attacking half and they got in too easily for my liking.

'Their energy levels could have sagged but such is the work they have put in and the spirit they have got, they clawed their way back brilliantly and but for a bit of luck or better finishing we could have won the tie more comfortably.

'Overall, I can't be overly critical of the team. For the first competitive game it was an excellent performance.

'They are listening and learning and they know they have a good chance of qualifying.'

HJK Helsinki coach Antti Muurinen admitted his side got the away goal they wanted.

He said: 'The result mattered most and we have a good chance in the second game.

'I was especially pleased to get the goal away from home and I was especially pleased with the way we played in the first 45 minutes.

'It was an amazing atmosphere and Celtic played well but our team fought with great spirit.

'The tempo Celtic played at wasn't what we were used to and that is worrying for the second leg, but I still believe we have a chance.'

Euro 2012: Michel Platini won"t back goal-line technology, whatever Sepp Blatter thinks

Platini won't back goal-line technology, whatever Blatter thinks

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UPDATED:

17:24 GMT, 30 June 2012

UEFA president Michel Platini has launched another attack against the use of technology to help referees.

After much wrangling, it is expected
FIFA will give the green light to the use of goal-line technology when
their International Board meets in Switzerland on Thursday.

For FIFA president Sepp Blatter, the
final straw came in Donetsk, when it was not spotted by the officials
that a shot from Ukraine forward Marko Devic had crossed the line before
it was hooked away by John Terry.

Goal: Michel Platini thinks Ukraine's 'ghost goal' against England is a reason not to have technology

Goal: Michel Platini thinks Ukraine's 'ghost goal' against England is a reason not to have technology

Yet Platini uses that incident to underline why he does not want technology in the game.

Replays have established Devic had been offside earlier in the move, and that had not been spotted either.

'The goal between England and Ukraine: it was a goal. It was a mistake from the referee,' said Platini.

'But there was an offside before then.

'If the officials had given offside there wouldn't have been a goal.

'So why don't we have technology for offside decisions as well Where does it stop'

Hawkeye: What the new system might look like

Hawkeye: What the new system might look like

There is some validity to Platini's argument. In virtually every other sport that uses technology to make decisions, its scope has widened far beyond what was originally intended.

'It's not goal-line technology in itself,' said Platini. 'I am against technology coming into force to actually make decisions.

'It invades every single area.

'If tomorrow someone handballs it on the line and the referee doesn't see it, what then

'We can't just have goal-line technology. We also need sensors to see if someone has handballed it.

'We need cameras to see if it should be a goal or not.'

United front: But Michel Platini and Sepp Blatter (right) disagree on goal-line technology

United front: But Michel Platini and Sepp Blatter (right) disagree on goal-line technology

In addition, whilst Blatter has been convinced by the technology that has been used, Platini is less certain of its worth.

'Are you sure that it works' he said.

'No one has seen the trials, no one has seen anything.

'I read an article from a journalist saying 'We are not 100% sure but we think it will help the referee. We don't know any more than that'.'

There is even the possibility that Platini might look to prevent technology being used in UEFA's flagship tournaments even if FIFA decide to pursue the venture.

'We are going to see if this is suggested and proposed to all federations,' he said. 'The national federations will have then have the chance to decide whether they want goal-line technology.

'Mr Blatter knows what I think of this and I know his thoughts on the issue.'

Rangers liquidation danger after CVA deal is rejected

Blow for Rangers as CVA deal denied… leaving club in danger of liquidationUEFA will ban a 'new' Rangers from European competition for three years
SPL clubs will vote on whether Rangers can stay in the league, if they are liquidated

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UPDATED:

13:53 GMT, 12 June 2012

Her Majesty's Revenue and Customs have told Rangers they will vote against a Company Voluntary Arrangement.

Charles Green, who is leading the Sevco consortium aiming to acquire the club, confirmed the news about the CVA deal on Tuesday.

UEFA will ban the club from entry into European competition and SPL clubs will vote on whether they can remain in Scotland's top flight.

Blow: The CVA deal will not be allowed

Blow: The CVA deal will not be allowed

HMRC's 'no' vote is enough to deal a
fatal blow to the CVA proposal and Green will now push ahead with plans
to buy the club's assets and form a new company.

Green said in a statement: 'I am
hugely disappointed by the decision of HMRC not to support the CVA
proposal and that disappointment will be felt acutely by Rangers fans
across the world.'

HMRC, who are currently owed more than
21million, believe their decision to force liquidation will allow them
to pursue individuals for the debt.

A statement from the tax authority
read: 'A liquidation provides the best opportunity to protect taxpayers,
by allowing the potential investigation and pursuit of possible claims
against those responsible for the company's financial affairs in recent
years.

Bad news: Charles Green confirmed the blow

Bad news: Charles Green confirmed the blow

'A CVA would restrict the scope of such action.

'Moreover the liquidation route does
not prejudice the proposed sale of the club. This sale can take place
either through a CVA or a liquidation.

'So the sale is not being undermined, it simply takes a different route.

'Liquidation will enable a sale of the
football assets to be made to a new company, thereby ensuring that
football will continue at Ibrox.

'It also means that the new company will be free from claims or litigation in a way which would not be achievable with a CVA.

The decision brings into doubt the continued existence of an Ibrox club competing in the Scottish Premier League.

If Green forms a new company, he will
have to apply to the SPL to acquire Rangers' share in the competition.
The clubs themselves will decide whether to accept.

A new Rangers would not be able to compete in Europe for three years under UEFA rules.

Green said: 'Frankly, I do not see what benefit will be achieved by this decision.

'My consortium's offer for a CVA amounted to a total of 8.5million.

'Now
that we will have to complete the purchase via the formation of a
newco, the purchase price and therefore the amount available to
creditors will be 5.5million.

Takeover turmoil: Rangers future hangs in the balance

Takeover turmoil: Rangers future hangs in the balance

'I can understand HMRC deciding that football clubs which do not pay their taxes need to be punished, but by effectively banning Rangers from Europe for three years all that will happen is that there will be less revenue generated by the club and consequently less money paid over to the taxman.

'Also, I do not believe that by opting to vote against the CVA proposal, HMRC will generate more cash by pursuing those they believe as responsible – but that is a matter for them.'

Green said he would explore ways of allowing the club's 26,000 shareholders to buy into his new company.

He added: 'The solemn promise I can make to Rangers fans today is that this club will continue as Rangers Football Club and will continue to play at Ibrox Stadium.

'We will be liaising with the football authorities at the earliest opportunity to establish our position regarding the SPL.

'I, along with my investors who believe that Rangers can have a bright future, will fight tooth and nail to ensure the club recovers from this catastrophic phase in its proud history.

'The fans deserve better and we will work tirelessly to realise their ambitions.'

Rangers' administrators, Duff and Phelps, confirmed a 'binding' sale and purchase agreement with Green would now come into effect.

In a statement, joint-administrator Paul Clark said: 'As we have always stated, administrators have a primary objective to ensure the survival of the company and in this case, this would have been achieved through a CVA.

What next Rangers face liquidation

What next Rangers face liquidation

'It was with HMRC's approval, that a proposal was placed before creditors for consideration.

'However, it is the commercial view that
the level offered within the CVA was not enough to merit departure from
their normal policy of seeking a detailed investigation via a
liquidator.

'However, we have been left in no doubt by HMRC the fundamental reason for the rejection of the CVA proposal is the historical non-compliance with tax liabilities by the former owners and directors of the club.'

Clark said Green's consortium will move to acquire the club's assets immediately after the formal rejection of the CVA proposal at a creditors' meeting at Ibrox on Thursday morning.

'That transaction will be completed within a few days,' Clark added.

'The sum payable to creditors will be 5.5million, most of which has already been paid over to us by the Green consortium.

'Over the coming months, we as administrators will continue to finalise the administration of the club and we will work in conjunction with BDO, who will undertake the liquidation process.

'While the club will continue to face difficulties in the short term, it will survive and continue to play at Ibrox.'

HMRC's court action forced Rangers into administration on February 14 after the club failed to pay millions of pounds in PAYE and VAT following the takeover by Craig Whyte in May last year.

Men for the job: Paul Clarke and David Whitehouse from Duff & Phelps administrators

Men for the job: Paul Clarke and David Whitehouse from Duff & Phelps administrators

Whyte also failed to pay a tax liability of around 4million resulting from payments made to Ronald de Boer and Tore Andre Flo around the turn of the century.

Rangers could also face an additional tax bill of up to 75million over their use of Employee Benefit Trust payments to players and staff between 2001 and 2010, which were the subject of a tax tribunal in January.

This scheme, which was administered by the company of former owner Sir David Murray, is also the focus of an SPL investigation into alleged undisclosed payments to players.

The CVA document showed Rangers owe more than 55million to unsecured creditors with investment firm Ticketus accounting for almost half of that total.

The London-based firm, who plan to pursue Whyte for the money, had been due to hold a board meeting today to discuss their approach to the CVA.

Rangers owe money to several football clubs, including Hearts, who have yet to receive 800,000 of the transfer fee agreed when Lee Wallace moved to Ibrox last summer.

The CVA document shows that less than 1million will be shared between creditors as a result of a newco deal.

FULL STATEMENTS FROM ADMINISTRATORS & HMRC

Duff & Phelps, administrators:

We have been informed by HMRC they will not support the proposal for a Company Voluntary Arrangement at the meeting of creditors on Thursday, June 14.

As a result of this decision, the Sale and Purchase Agreement in place with the consortium led by Charles Green will take effect and Rangers Football Club will continue within a new company structure.

The reasons HMRC have given to us for their decision to vote against the proposal are as follows. HMRC has cited its general policy of not agreeing to a CVA where there is strong evidence of non-compliance by a company with its tax liabilities.

HMRC had agreed to consider a CVA proposal along with all other options in the case of Rangers but having taken into consideration the extent of funds which will be made available to creditors through the CVA option, they have decided that it is not acceptable given The Rangers Football Club plc's level of indebtedness to HMRC.

It has also been made clear to us that other offers tendered for the Club, which took the form of a CVA, would have been treated in the same way and that the rejection is not a reflection of the Green consortium bid.

HMRC has taken the view that the public interest will be better served with the liquidation of The Rangers Football Club plc as a corporate entity. The Club will continue to operate as it has always done but within a new company structure.

HMRC consider that the decision will enable a liquidator to instigate a wider investigation into all of the financial affairs and management of the Club in recent years and to bring to task those they believe are responsible for its collapse.

Furthermore, HMRC believes there will be an enhanced recovery of funds for creditors by pursuing those individuals who they believe are responsible.

The consequence of the rejection of a CVA outcome is that sanctions will be applied to the Club by UEFA and that the Club will not be able to participate in Europe for three years and the new company will need the consent of the other SPL clubs to the transfer of the share in the SPL, in order for Rangers to continue playing in the SPL.

As we have always stated, administrators have a primary objective to ensure the survival of the company and in this case, this would have been achieved through a CVA.

It was with HMRC’s approval, that a proposal was placed before creditors for consideration. However, it is the commercial view that the level offered within the CVA was not enough to merit departure from their normal policy of seeking a detailed investigation via a liquidator.

However, we have been left in no doubt by HMRC the fundamental reason for the rejection of the CVA proposal is the historical non-compliance with tax liabilities by the former owners and directors of the Club.

As we have stated previously, there is a binding contract between ourselves as administrators and Charles Green, who is leading a consortium to acquire the Club.

The creditors’ and shareholders’ meetings will take place at Ibrox on Thursday but the results of those meetings will now be entirely academic given HMRC’s decision.

As soon as the CVA proposal is formally rejected, Mr Green’s consortium will move towards completion of an acquisition of the business and assets of The Rangers Football Club plc. That transaction will be completed within a few days. The sum payable to creditors will be 5.5 million, most of which has already been paid over to us by the Green consortium.

Over the coming months, we as administrators will continue to finalise the administration of the Club and we will work in conjunction with BDO who will undertake the liquidation process.

We would like to thank the staff and supporters at Rangers for their great determination and professionalism during a very difficult period for the Club. While the Club will continue to face difficulties in the short term, it will survive and continue to play at Ibrox.

HMRC: A liquidation provides the best opportunity to protect taxpayers, by allowing the potential investigation and pursuit of possible claims against those responsible for the company's financial affairs in recent years.

A CVA would restrict the scope of such action. Moreover the liquidation route does not prejudice the proposed sale of the club.

This sale can take place either through a CVA or a liquidation.

So the sale is not being undermined, it simply takes a different route.

Liquidation will enable a sale of the football assets to be made to a new company, thereby ensuring that football will continue at Ibrox.

It also means that the new company will be free from claims or litigation in a way which would not be achievable with a CVA. Rangers can make a fresh start.

Rangers CVA deal rejected

Blow for Rangers as CVA deal denied… leaving club in danger of liquidationUEFA will ban a 'new' Rangers from European competition for three years
SPL clubs will vote on whether Rangers can stay in the league

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UPDATED:

11:03 GMT, 12 June 2012

Her Majesty's Revenue and Customs have told Rangers they will vote against a Company Voluntary Arrangement.

Charles Green, who is leading the Sevco consortium aiming to acquire the club, confirmed the news about the CVA deal on Tuesday.

UEFA will ban the club from entry into European competition and SPL clubs will vote on whether they can remain in Scotland's top flight.

Blow: The CVA deal will not be allowed

Blow: The CVA deal will not be allowed

HMRC's 'no' vote is enough to deal a
fatal blow to the CVA proposal and Green will now push ahead with plans
to buy the club's assets and form a new company.

Green said in a statement: 'I am
hugely disappointed by the decision of HMRC not to support the CVA
proposal and that disappointment will be felt acutely by Rangers fans
across the world.'

HMRC, who are currently owed more than
21million, believe their decision to force liquidation will allow them
to pursue individuals for the debt.

A statement from the tax authority
read: 'A liquidation provides the best opportunity to protect taxpayers,
by allowing the potential investigation and pursuit of possible claims
against those responsible for the company's financial affairs in recent
years.

'A CVA would restrict the scope of such action.

'Moreover the liquidation route does
not prejudice the proposed sale of the club. This sale can take place
either through a CVA or a liquidation.

'So the sale is not being undermined, it simply takes a different route.

'Liquidation will enable a sale of the
football assets to be made to a new company, thereby ensuring that
football will continue at Ibrox.

'It also means that the new company will be free from claims or litigation in a way which would not be achievable with a CVA.

The decision brings into doubt the continued existence of an Ibrox club competing in the Scottish Premier League.

Takeover turmoil: Rangers future hangs in the balance

Takeover turmoil: Rangers future hangs in the balance

If Green forms a new company, he will have to apply to the SPL to acquire Rangers' share in the competition. The clubs themselves will decide whether to accept.

A new Rangers would not be able to compete in Europe for three years under UEFA rules.

Green said: 'Frankly, I do not see what benefit will be achieved by this decision.

'My consortium's offer for a CVA amounted to a total of 8.5million.

'Now that we will have to complete the purchase via the formation of a newco, the purchase price and therefore the amount available to creditors will be 5.5million.

'I can understand HMRC deciding that football clubs which do not pay their taxes need to be punished, but by effectively banning Rangers from Europe for three years all that will happen is that there will be less revenue generated by the club and consequently less money paid over to the taxman.

'Also, I do not believe that by opting to vote against the CVA proposal, HMRC will generate more cash by pursuing those they believe as responsible – but that is a matter for them.'

Green said he would explore ways of allowing the club's 26,000 shareholders to buy into his new company.

What next Rangers face liquidation

What next Rangers face liquidation

He added: 'The solemn promise I can make to Rangers fans today is that this club will continue as Rangers Football Club and will continue to play at Ibrox Stadium.

'We will be liaising with the football authorities at the earliest opportunity to establish our position regarding the SPL.

'I, along with my investors who believe that Rangers can have a bright future, will fight tooth and nail to ensure the club recovers from this catastrophic phase in its proud history.

'The fans deserve better and we will work tirelessly to realise their ambitions.'

Rangers' administrators, Duff and Phelps, confirmed a 'binding' sale and purchase agreement with Green would now come into effect.

In a statement, joint-administrator Paul Clark said: 'As we have always stated, administrators have a primary objective to ensure the survival of the company and in this case, this would have been achieved through a CVA.

'It was with HMRC's approval, that a proposal was placed before creditors for consideration.

Men for the job: Paul Clarke and David Whitehouse from Duff & Phelps administrators

Men for the job: Paul Clarke and David Whitehouse from Duff & Phelps administrators

'However, it is the commercial view that the level offered within the CVA was not enough to merit departure from their normal policy of seeking a detailed investigation via a liquidator.

'However, we have been left in no doubt by HMRC the fundamental reason for the rejection of the CVA proposal is the historical non-compliance with tax liabilities by the former owners and directors of the club.'

Clark said Green's consortium will move to acquire the club's assets immediately after the formal rejection of the CVA proposal at a creditors' meeting at Ibrox on Thursday morning.

'That transaction will be completed within a few days,' Clark added.

'The sum payable to creditors will be 5.5million, most of which has already been paid over to us by the Green consortium.

'Over the coming months, we as administrators will continue to finalise the administration of the club and we will work in conjunction with BDO, who will undertake the liquidation process.

'While the club will continue to face difficulties in the short term, it will survive and continue to play at Ibrox.'

More to follow.

FULL DUFF & PHELPS ADMINISTRATORS STATEMENT

We have been informed by HMRC they will not support the proposal for a Company Voluntary Arrangement at the meeting of creditors on Thursday, June 14.

As a result of this decision, the Sale and Purchase Agreement in place with the consortium led by Charles Green will take effect and Rangers Football Club will continue within a new company structure.

The reasons HMRC have given to us for their decision to vote against the proposal are as follows. HMRC has cited its general policy of not agreeing to a CVA where there is strong evidence of non-compliance by a company with its tax liabilities.

HMRC had agreed to consider a CVA proposal along with all other options in the case of Rangers but having taken into consideration the extent of funds which will be made available to creditors through the CVA option, they have decided that it is not acceptable given The Rangers Football Club plc's level of indebtedness to HMRC.

It has also been made clear to us that other offers tendered for the Club, which took the form of a CVA, would have been treated in the same way and that the rejection is not a reflection of the Green consortium bid.

HMRC has taken the view that the public interest will be better served with the liquidation of The Rangers Football Club plc as a corporate entity. The Club will continue to operate as it has always done but within a new company structure.

HMRC consider that the decision will enable a liquidator to instigate a wider investigation into all of the financial affairs and management of the Club in recent years and to bring to task those they believe are responsible for its collapse.

Furthermore, HMRC believes there will be an enhanced recovery of funds for creditors by pursuing those individuals who they believe are responsible.

The consequence of the rejection of a CVA outcome is that sanctions will be applied to the Club by UEFA and that the Club will not be able to participate in Europe for three years and the new company will need the consent of the other SPL clubs to the transfer of the share in the SPL, in order for Rangers to continue playing in the SPL.

As we have always stated, administrators have a primary objective to ensure the survival of the company and in this case, this would have been achieved through a CVA.

It was with HMRC’s approval, that a proposal was placed before creditors for consideration. However, it is the commercial view that the level offered within the CVA was not enough to merit departure from their normal policy of seeking a detailed investigation via a liquidator.

However, we have been left in no doubt by HMRC the fundamental reason for the rejection of the CVA proposal is the historical non-compliance with tax liabilities by the former owners and directors of the Club.

As we have stated previously, there is a binding contract between ourselves as administrators and Charles Green, who is leading a consortium to acquire the Club.

The creditors’ and shareholders’ meetings will take place at Ibrox on Thursday but the results of those meetings will now be entirely academic given HMRC’s decision.

As soon as the CVA proposal is formally rejected, Mr Green’s consortium will move towards completion of an acquisition of the business and assets of The Rangers Football Club plc. That transaction will be completed within a few days. The sum payable to creditors will be 5.5 million, most of which has already been paid over to us by the Green consortium.

Over the coming months, we as administrators will continue to finalise the administration of the Club and we will work in conjunction with BDO who will undertake the liquidation process.

We would like to thank the staff and supporters at Rangers for their great determination and professionalism during a very difficult period for the Club. While the Club will continue to face difficulties in the short term, it will survive and continue to play at Ibrox.

Bolton new bid for Wilfried Zaha

Bolton 7m Zaha bid rejected as Palace chairman says 'no chance' winger is leaving

Bolton have had an offer believed to be in the region of 7million rejected by Crystal Palace for Wilfried Zaha.

Trotters boss Owen Coyle had confirmed his interest in the 19-year-old winger over the weekend and Palace chairman Steve Parish revealed a 'marginally increased bid' had been made on Tuesday morning.

That bid was rejected and shortly after Parish told the South London Press on deadline day that there was 'no chance' of Zaha leaving.

Flying high: Wilfried Zaha has enjoyed an electrifying season with Crystal Palace

Flying high: Wilfried Zaha has enjoyed an electrifying season with Crystal Palace

He added: 'I can categorically tell you that there are no bids from Bolton that will be in any way of interest to us.'

Coyle had said on Saturday: 'I think it is documented now that we have made an offer, which we have.

'I don't think it is to the value that the Crystal Palace
chairman (wants), but it is an offer we felt was fair for where a very
talented young player is at the moment.

In-demand: Zaha attracted interest during Palace's Carling Cup run

In-demand: Zaha attracted interest during Palace's Carling Cup run

'I always put what I think is a fair
value on a player and if we get to it, great. If we don't, then we have
to accept that we are not going to pay what we would believe would be
over the odds.

'But he is such a talented young
player and he will get better – there is scope for improvement. He has
got pace and unbelievable quality and natural attributes.

'We would love for that to come to fruition, but at the moment it looks as if we are a way apart in terms of valuation.'