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  • 5 weeks ago
Crystal Palace are preparing for a transformative chapter off the pitch, securing backing to modernise Selhurst Park and strengthen long-term ambitions. The redevelopment reflects a commitment to growth, sustainability and supporter experience, aligning infrastructure with on-field progress.
Transcript
00:00Crystal Palace are set to embark on a major redevelopment of Selhurst Park after reportedly
00:07securing a £125 million loan from Goldman Sachs, a move aimed at modernising their historic South
00:13London Stadium and boosting capacity to around £34,000. The project reflects the club's ambitions
00:21with Premier League counterparts whose grounds already provide both larger revenue streams
00:25and modern matchday experiences. Selhurst Park Palace's home since 1924 is currently one of the
00:32league's smaller stadiums and has not seen major renovations since 1994, making the expansion a
00:40long-awaited step forward. The redevelopment will see the mainstand replaced with a contemporary
00:46glass-fronted structure that improves seating, accessibility, hospitality and support of
00:52facilities. They've also pushed estimates well beyond the original £100m plan, but Palace are
00:59pressing ahead with work set to start in early 2026. The loan from Goldman Sachs reportedly offers a more
01:06favourable repayment schedule than previous arrangements, tying repayments to the stadium
01:11project rather than broadcast income, giving the club more financial flexibility.
01:18Chairman Steve Paris has stressed the importance of the expansion for the club's long-term
01:22competitiveness. By increasing capacity and improving facilities, Palace hope to strengthen their
01:28financial footing and provide infrastructure comparable to other Premier League teams.
01:35The move comes as part of a broader regeneration plan for the Selhurst area, with support from
01:40Croydon Council highlighting potential benefits to the local economy and community.
01:45On the pitch, Palace have been enjoying a period of growth under manager Oliver Glasner,
01:53alerted by their FA Cup triumph over Manchester City last season.
01:58For the Eagles, expanding Selhurst Park is not just about adding seats, it's about securing a
02:04platform for future success, giving supporters a modern, welcoming home and cementing the club's place
02:09among the Premier League's emerging forces.
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