Crystal Palace agree deal with HSBC that paves way for new training ground

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Palace could now greatly expand their facilities in south London Crystal Palace FC have agreed to buy the 27-acre HSBC Sports Ground in Beckenham, South London, in a move that will allow the club to ...

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ground","media":"cityam","content":"<div>\n<p>Palace could now greatly expand their facilities in south London Crystal Palace FC have agreed to buy the 27-acre HSBC Sports Ground in Beckenham, South London, in a move that will allow the club to ...</p>\n\n<a href=\"https://www.cityam.com/crystal-palace-agree-deal-with-hsbc-that-paves-way-for-new-training-ground/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crystal Palace agree deal with HSBC that paves way for new training ground</title>\n<style 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London, in a move that will allow the club to ...</p>\n\n<a href=\"https://www.cityam.com/crystal-palace-agree-deal-with-hsbc-that-paves-way-for-new-training-ground/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0976567544.SGD","symbol_name":"FTIF - Templeton Global Income A Mdis 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as well as a pavilion, border Palace’s academy complex, which is itself across the road from the first team’s training facility.The land has been owned by the bank and its predecessor Midland for a century but was recently put on the market.It is not known how much Palace will pay to acquire it but its estimated value is between 20m and 40m.","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0976567544.SGD":"FTIF - Templeton Global Income A Mdis SGD-H1","LU0211326755.USD":"TEMPLETON GLOBAL INCOME \"A\" (USD) ACC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","BK4521":"英国银行股","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","HSBC":"汇丰","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","BK4207":"综合性银行","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU0211326839.USD":"TEMPLETON GLOBAL INCOME \"A\" (USD) 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between £20m and £40m. \n\nPalace have invested heavily in their training ground and academy complex in the last few years to make the facilities among the best in the country.The state-of-the-art academy site was finished in 2021 and has allowed the club to achieve Category 1 classification – the highest available – as part of its strategy of developing young talent.\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNotable players to have come through the Palace youth system include Wilfried Zaha, Victor Moses and Aaron Wan-Bissaka as well as current left-back Tyrick Mitchell.\n\nThe locality is considered among the most fertile ground for recruitment in the world, with south London rivalling the wider Paris and Rio de Janeiro regions as the producer of the biggest volume of professional footballers.Palace training ground improvementsFollowing the academy build, Palace invested in expanding their medical and performance facilities and this summer completed further improvements to the training ground.They included a bigger gym and changing rooms, and a new media and team meeting room.\n\nCommenting on the work and improvements to Selhurst Park, Palace CEO Sharon Lacey said they had “continued to invest in our facilities and support the future growth of the football club”.Among the options available to Palace once the HSBC Sports Ground acquisition is completed will be extending the academy or moving the first team training centre into the new site.The grounds are part of a hub of sports facilities in the area, which also includes Kent County Cricket Club’s second pitch – owned by Lloyds banking group until it was sold in 1999.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}