Crystal Palace’s transfer spending has stalled for the Eagles, with the club’s recruitment team navigating a complex summer transfer window. Here’s the latest update:

Crystal Palace’s Transfer Situation

– Transfer Budget: Crystal Palace’s transfer budget is estimated to be around £60 million, considering their net spend over the last three seasons. This amount may increase if they sell one of their star players, such as Marc Guehi, who could fetch around £60 million.
– Confirmed Signings: Crystal Palace has confirmed the signings of Walter Benitez (free transfer) and Borna Sosa (£2 million from Ajax). Chadi Riad has also joined the club for £14 million, and Daichi Kamada arrived as a free agent.
– Potential Signings: The club is linked to Jobe Bellingham, who could cost around £20 million. With Kamada’s free arrival, Palace might be able to afford Bellingham alongside another defender.

Recruitment Team’s Strategy

– Squad Overhaul: Crystal Palace’s manager, Oliver Glasner, aims to remove deadweight from the squad while bringing in fresh talent to make the team more formidable. The recruitment team is working to identify key areas that need improvement.
– Player Departures: Jeffrey Schlupp has departed the club after eight years, and other players like Joel Ward, Rob Holding, and Luke Plange have also left. Marc Guehi’s potential departure could significantly impact the team’s dynamics.

Financial Situation

– Financial Fair Play: Crystal Palace’s financial situation is stable, with a reported loss of £92 million in the current three-year assessment window. This is within the £105 million allowable loss limit, giving the club flexibility to spend around £60 million.
– New Main Stand: The new Main Stand at Selhurst Park is expected to increase the club’s revenue by £20 million per season, providing more financial flexibility for future transfers ¹.