Garretts has won a new client through its accounting parent Arthur Andersen by advising millionaire entrepreneur and schoolboy Crystal Palace player, Simon Jordan, on his £10m purchase of the ailing South London football club.

Jordan, who sold his business, the PocketPhone Shop, to One2One for £30m last month, instructed the Andersen Legal firm because of his existing relationship with Arthur Andersen, former auditors to the PocketPhone Shop.