Crystal Palace have taken out a loan from American lenders MGG Investment Group in a move which suggests the club are preparing for a busy summer in the transfer market with a significant number of player sales.
The loan is understood to be secured against future transfer receipts, with sources involved telling Mail Sport that the money is to be used to fund player trading and day-to-day operating costs.
A number of Premier League clubs have increasingly used so-called bridging loans from investment companies to provide up-front access to cash they are owed in transfer instalments from rivals, but Palace’s deal with MGG indicates they are planning for future sales.