Crystal Palace chairman Steve Parish has admitted that the club could look to sell the naming rights to Selhurst Park to raise funds for a major ground redevelopment.
Selhurst Park has been the club’s home for 94 years, but the club is planning major renovations on the historic stadium worth around £100million.
The Eagles are hoping to get planning permission next month so they can start reconstruction at the end of next season.
Parish has now confirmed that the naming rights to the stadium could help the club fund the deal. Talking to the Evening Standard, Parish said;
If it was the right number and something that helped us build it [the new main stand] better or faster then it is something we would look at it.
Selhurst Park is a nice name… probably I would not personally mind as much because my goal is improving the club. My primary focus is to make the club better. But all of these things have to be weighed up. We are not going to give them up easily. I think people would understand if it is the right answer for the club and if it is a good association as well. That matters.
It might make the difference between doing it exactly how we want and making some compromises. It is not a decision that we would definitely do it. We would look at all options.
Palace aim to finish the redevelopment of Selhurst Park for the start of the 2020-21 campaign.
