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O'Neil: Palacios an Incredible Signing By the Club
Friday, 28th Aug 2026 15:07

Town manager Gary O’Neil says Exequiel Palacios is an incredible signing for the Blues, the Argentina World Cup winner having completed his move from Bayer Leverkusen last night.

The 27-year-old has signed a deal to the summer of 2030, the clubs having agreed a fee of €22.5 million (£19.2 million) plus a further €5 million (£4.3 million) in add-ons. Leverkusen are understood to be due a 10 per cent sell-on going forward.

“He’s a talented boy and has obviously had some huge success over the last few years, club and national level,” O’Neil said.

“An incredible signing by the football club, the work that went in from everybody, all summer really, to try and attract people to the project and to what we’re trying to build.

“And you can feel the belief around the place just constantly growing and constantly improving not only because of the additions, but also the work that the boys are doing that have been here for a very long time.

“The Dara O’Sheas, Jacob Greaves, Leif Davis, many, many more. The good work that’s gone on over the last eight weeks from everybody involved has left us in a place where we believe we can do something special this year.”

The Blues boss says fans are likely to get their first look at perhaps the biggest name signing in the club’s history at Manchester United: “I’m sure you’ll see him on Sunday. I’m sure you’ll see him.”

As Town came back with bids over the last few weeks, the move started to have an inevitability about it and O’Neil says he was never in any doubt that Palacios would sign

“No, I knew he was coming,” he said. “Probably the more challenging bit was agreeing club-to-club, I would guess.

“The moment I spoke to the boy, I could tell he was desperate to come and play for the football club, which shows have far the club has come and the journey it’s been on, and everyone who has played a part in it should be really proud.

“But it doesn’t stop, we don’t rest at that, this is only the beginning now, so we need to make sure that we use all of this to continue to push and keep trying to raise the ceiling higher than it’s been.

“But he’s a fantastic addition, excited to work with him, excited for the group that we add another layer of strength to us, and we’ll need it. It’s a long 38-game season, cup games as well. We’re going to need as many bodies as we can.

“We’re trying to make sure we’re well covered in every position with quality, with experience, with youth, with athleticism, trying to cover everything that the Premier League will test and Pala gives us real quality in the middle of the pitch.”

Asked why he believes Palacios wanted to move to Town, O’Neil said: “He wants to test himself in the Premier League, and I understand why, it's the best league in the world, the most challenging league in the world.

“As I say, he's obviously had huge successes. He's an unbelievably talented footballer, but now he wanted to come and test himself in the Premier League.

“And we spoke to him about the project, we spoke to him about how the team was going to play, how he fitted it, how his role would help us.

“And we had a real good alignment on how we felt we could move forward together as a football club and as a talented footballer.

“So let's see. We're going to do a lot of work with him, the lads have had seven, eight weeks of good work and understanding, tactical stuff and obviously Palacios will be slightly behind on that. But he definitely brings a desire to win.

“He’s South American, I've worked with a lot of them. They bring an unbelievable enthusiasm for the game, passion, desperate to win. So all of those qualities that we're going to need, he brings.”

Does the signing make a statement to the rest of the division? Will it help attract further additions before the window closes next Tuesday?

“I don’t know,” O’Neil reflected. “I try and make a statement at three o’clock on Saturday, if I can, that’s the biggest opportunity for me and the team to let people know where we’re at.

“The other stuff people will read into, or not. I think our exam paper comes every weekend when the whistle blows and we see where we’re at.

“There’s just a real focus and determination to go there and back up what has been a decent start for us.”

O’Neil says the ambition which attracted him to Town has also helped sell it to the signings.

“I spoke about my opportunity to come here in the summer, and obviously there were opportunities for me in the past to return to the Premier League. But they didn’t feel quite right,” he continued.

“I was in a job that I was really enjoying in France and I wasn’t going to jump out for anything but the ambition that this place has, the support they give coaches and the direction of travel. 

“And I think you’re seeing that from players as well, for a newly promoted club to be able to attract some of the players we have, proven Premier League players in Issa [Diop] and Sasa [Lukic] and some players from all around the world.

“So I’m really grateful for the owners’ backing. I know they’re committed to making this club as special as they can.

“And we’ve had a really good go in the window to make ourselves competitive, which is needed, by the way, if you look at the recent history of teams that are promoted from the Championship. 

“You need to improve your squad fairly significantly to give yourself the best chance of being competitive in the Premier League.”

Photo: ITFC/Matchday Images



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Bazza8564 added 15:10 - Aug 28
Every time i read a report about Gary's interviews, i like him more!
17

whosroundisitanyway added 15:18 - Aug 28
Whats he going to do at 3 O'clock on Saturday?
1

trevski_s added 15:20 - Aug 28
If you would have told me back in 2021 just as Gamechanger were taking over that in 5 years we would have been promoted 3 times, be back in the Premier League (for the 2nd time) and signing World Cup winners and stars I probably would have taken that bet (and lost big time). Its insane the transformation we have done in such a small amount of time but I have loved the journey and cant wait to see what the next 5 years and further hold COYB
9

Bert added 15:29 - Aug 28
I thought that KMcK was exceptional with his media stuff but GON is just as good. Nothing fluffy, just clear explanations and comment.
8

BlueInBerks added 15:42 - Aug 28
The ambition of this ownership group is not merely a return to the Premiership, it's much more than that. In order for their investment to be returned it means a sustained status in the top division and to be competing in Europe. By contrast, the majority of the supporter base are hanging on to ITFC coat tails and wondering where this marvellous journey is taking them! I for one am loving it and am old enough to remember the team of '78 (just) and '81. Who said this couldn't happen to a 'nice' football club!
4

Marcus added 15:58 - Aug 28
Is there an announcement at 3pm on Saturday?
-1

TomCruise added 15:59 - Aug 28
O’Neill is saying and, more importantly, doing all the right things and the club is backing him to the hilt.

I remember before he joined that the assessment was: very good at creating positivity and getting players to buy into him, tactically astute and well liked wherever he’d worked, but with some question marks over whether he could sustain that momentum once things started going the wrong way.

The hope has to be that this is a very different situation. He’s inherited a club in a good place, with a strong culture already in place, and he’s being backed with high-quality players. In many ways he’s got everything here that he perhaps didn’t have at Bournemouth or Wolves.

Strasbourg a different situation to his time in the Prem too and he did well there.

He's got everything he needs to be successful and I am backing him to do it.

Palacios is an amazing signing for us too. Abraham next please... and perhaps one or two more...

Lloyd Kelly, Jacob Murphy and Joe Willock please!
2

fifeblue added 16:48 - Aug 28
Roy Race?
Billy the Fish?
0

tractorboy100 added 17:22 - Aug 28
fifeblue, I would prefer Roy Race to Billy the fish!!! Seriously, it's a great time to be an Ipswich town supporter! COYB! Onwards and upwards!!!!
0

Linkboy13 added 17:55 - Aug 28
It would be great to see him on the pitch on Sunday just to quell any rumours about his fitness.
0

Lukeybluey added 18:16 - Aug 28
Just watched the behind the scenes of him signing... so proud of the Town to see where we are now.
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Carberry added 18:41 - Aug 28
Was any other Premier League club in for him?
0

JewellintheTown added 19:19 - Aug 28
Whatever the result of the season ahead, you cannot say the club, staff, & financial backers didn't give us the best opportunity to succeed. Over to the players & manager to do the rest, but this team upgrade gives us the best we have of establishing ourselves back in the best league in the world.
Lets support them all through ups & downs & enjoy the roller coaster!
0

armchaircritic59 added 19:20 - Aug 28
Carberry, non that I've seen or heard mentioned. I think we can all guess why. There's a balance to be struck between what you're prepared to pay and the " risk " involved in buying someone with a chequered injury record. I think we've certainly got that balance right. For a player that a journalist who covers BL games rates as when 100% fit, is good enough to play for the likes of the Madrid's and Barcelona, I think we've struck a good deal. There's risk attached to a lot of things in life, though some try and avoid it at every opportunity. It must be boring. I like the saying, " Taking no risk is the biggest risk of all " We shall all see how it shakes down.
1

apnorman23 added 19:31 - Aug 28
Gamechanger, MA have really gone big and smashed the transfer market. Being a local lad, supporting West Ham and Ipswich, I have been envious of the business done by ITFC this summer. 12 proven pro's.
Sadly a few will go, my gut reaction is to balance the FFP (or what ever its called now), Mehmetti, Philogene, J.Taylor, Matisuwa will be sold to boost the coffers.
West Ham is a mess at Board level, on a par with Marcus Evans. Sooner Sullivan gets locked up and Amanda + Kretinsky takes over, we can use the ITFC blueprint (Fingers Crossed). We have now sold £220 million of players this summer alone, with an outlay of £30 million incomings. 18 players left the club, only 5 in. Would love Mehmetti, Matisuwa in Claret & Blue for a season loan/buy.
0

armchaircritic59 added 20:00 - Aug 28
apnorman23, I shiver when I remember Sullivan being linked with Ipswich some years back. Talking about dodging a bullet. No club deserves having him visited upon them. Sure some will go and have done already. It had to be done. The PL is an unforgiving battle ground as you obviously don't need me to tell you. A testing season ahead for both clubs for very different reasons. Amazing how things can change in the space of 12 months.
0


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