Former Blue Downes Close to Palace Move - Ipswich Town News
Former Town midfielder Flynn Downes is reportedly on the verge of a move from Swansea City to Crystal Palace.
Downes, 23, left the Blues for the Swans last summer for a fee of £1.4 million and had a hugely impressive campaign with the Welshmen.
Now, according to BBC Sport, the Essex-born schemer is close to joining Premier League Palace.
No fee is mentioned but earlier in the week reports in Wales put Swansea’s valuation at £11 million to £12 million but with the Championship side ultimately expected to have to accept a lower but still significant figure.
Town look set to receive a windfall from the deal with it appearing likely that a sell-on was included in last summer’s deal, probably around 10 per cent of the Swans’ profit, although the club won’t comment on whether such a clause was put in place.
Palace previously tried to sign Downes in the summer of 2020 when the Blues turned down two bids from the Eagles, the second of £1.6 million.
What to read next:
Leicester Claim TitleLeicester City claimed the Championship title following a 3-0 victory over Preston North End at Deepdale this evening.
Huddersfield Game Live on SkyThe Blues’ final game of the season at home to Huddersfield Town on Saturday is among those being shown live on Sky Sports.
Hayes Set For Second Wembley TripKeeper Nick Hayes will be making two trips to Wembley next month, his Solihull Moors loan side having reached the National League Promotion Final.
Former Skipper Nets Hat-Trick in Final GameFormer Blues skipper David Norris ended his career on a dramatic note, netting a hat-trick for Lancaster City in his final match, a 4-3 Northern Premier League Premier Division defeat at FC United of Manchester on Saturday.
No Dividends For PLC ShareholdersThe board of the Ipswich Town PLC has written to its shareholders confirming that its stake in the club has now reduced to less than one per cent and outlining that any dividends taken out of Town in future will go solely to majority owners Gamechanger 20 Ltd.