Jordan and Briggs left Pocket Phone Shop in 2000 after selling the company to One2One for £73m. That year, Singapore financier Jerry Lim bought Crystal Palace Football Club, a club that had been hours from extinction, from the administrators, and immediately sold the club to Jordan. Then aged 32, Jordan immediately appointed himself chairman, making him the youngest chairman of a Football League club. Having been born "100 yards from the ground" Jordan had been a lifelong fan, and he noted "I have achieved exactly what I set out to do, and that is to be Chairman of Crystal Palace. I have been prepared to put my money into something I truly believe in, and my first job is to turn the fortunes of this club around." Jordan also vowed that the club would be promoted to the Premiership, within five years. However, despite owning the club, Jordan did not own the ground, which belonged to Ron Noades, who had been chairman until 1998.