Crystal Palace will not "pay over the odds" for Bristol City winger Albert Adomah
Crystal Palace co-chairman Stephen Browett insists the London club will not be held to ransom following the sale of Wilfried Zaha to Manchester United.
The 20-year-old England winger will move to Old Trafford at the end of this season after the clubs agreed a deal worth £15m.
Palace will receive £10m of that up front and Browett fears the cash will actually make it more difficult to recruit players to bolster manager Ian Holloway's squad before the January transfer window closes on Thursday.
The Eagles have already had two bids for winger Albert Adomah turned down by Championship rivals Bristol City and Browett is adamant Palace will not spend over the odds.
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He told the South London Press: "There is a big risk that teams will ask for more but, fortunately, the four people that own the club are used to handling fairly large amounts of money.
"We are not going to be like rabbits caught in the headlights just because we have done a big deal.
"If a transfer is not right then we are not doing a deal. We are certainly not mug punters who have just won the lottery and are going to buy a brand new Rolls Royce.
"Although we have got a very large amount of money we are running a loss-making football club - we do have a long-term vision and not to do any crazy, short-term panic buys or pay too much for people."
That said, Palace are expected to test City's resolve by submitting a third bid before Thursday's 11pm deadline. They are thought bto have offered a guaranteed £1.5m so far.




2 Comments
by piledriver
Wednesday, January 30 2013, 1:14AM
“£15m not over the odds for Zaha then?
Can anyone explain to me why Zaha is worth £15 & AA (According to Palace) worth £1.5m or 10%?
Oh and cause Sir Alex says so isn't the correct answer.”
by RedNemesis1
Tuesday, January 29 2013, 11:52PM
“So Mr Browett let's see your track record .......
" I can assure you that Wilfried is not "for sale". We hope that he'll be playing Premier League football next season. For us,' Browett wrote on a club forum.
and even better......
Browett owns Palace with co-chairman Steve Parish, as well as Martin Long and Jeremy Hoskin and added: 'The four of us bought the club so that we could enjoy watching Palace play football, not to cash in as soon as the moneybags clubs come waving their cheque books.
'I hope that's clear enough.'PS – and if he [Zaha] keeps developing the way he has so far you'll be reading plenty more rubbish in the Sunday papers.'
Thanks for this Mr Browett but it's pretty difficult to believe anything you say is remotely truthful.”