Virgin boss Sir Richard Branson has revealed interest in Crystal Palace after administrators took out an advert in the Financial Times in a bid to sell the club. The Coca-Cola Championship side were forced into administration a fortnight ago with debts upwards of £30million but have 20 parties interested in buying the club.

But while Branson has personally expressed an interest in the club, he insisted a bid from Virgin was "unlikely".

Branson, who has previously been linked with the club, said: "We are always happy to have a look but I think the chances are less likely than likely. If they are for sale, then we are always happy to have a look."

If he did decide to make an offer Branson may not have to put in a huge bid as Palace's administrator Brendan Guilfoyle has already admitted "I have to take the best offer to creditors. I'm open to offers, I don't have a figure in mind."