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Surprising financial details emerge as Crystal Palace close in on EFL signing

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Stoke City’s Jack Butland is set to complete a move to Crystal Palace this afternoon in a deal that will be worth just £500,000 initially.

The former England stopper has endured a wretched few years since the Potters were relegated from the Premier League and his value has plummeted as a result.

Reports just over a year ago suggested that Stoke were demanding £23m for their stopper but the harsh reality of his form means they have had to settle for significantly less.

That’s after Sun journalist Alan Nixon explained how he is moving to Selhurst Park for half a million, although there will be add-ons that could see the fee rise.

As well as his drop in form, Butland’s contract situation is a key factor behind the relatively cheap price for the 27-year-old as his deal with the Staffordshire club has entered it’s final year.

The keeper is a high earner, which is why Stoke have been happy to agree to this transfer as it will help reduce the wage bill.

The verdict

This is a move that needed to happen for all parties. Butland has completely lost his way in the past few years and he is rightly out of the Potters team right now, with Adam Davies doing well in goal.

So, it makes no sense keeping a high earner when they aren’t playing and the reality is that he would have just left Stoke for free next year.

Therefore, £500k is understandable, even if Palace are getting the better end of the deal as Butland will be worth much more than that if he can rediscover his form.

Thoughts? Let us know in the comments below.


ScoopDragon Football News Network

Article title: Surprising financial details emerge as Crystal Palace close in on EFL signing

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