{"id":531612,"date":"2023-10-17T12:33:02","date_gmt":"2023-10-17T11:33:02","guid":{"rendered":"https:\/\/www.footballinsider247.com\/?p=531612"},"modified":"2023-10-17T12:34:23","modified_gmt":"2023-10-17T11:34:23","slug":"kieran-maguire-crystal-palace-are-about-to-land-7m-jackpot-after-sources-reveal","status":"publish","type":"post","link":"https:\/\/www.footballinsider247.com\/kieran-maguire-crystal-palace-are-about-to-land-7m-jackpot-after-sources-reveal\/","title":{"rendered":"Kieran Maguire: Crystal Palace are about to land &#8216;\u00a37m&#8217; jackpot after source&#8217;s reveal"},"content":{"rendered":"\n<p><strong>Crystal Palace will add \u00a37million to their matchday revenue by expanding Selhurst Park but it may upset their hardcore fanbase.<\/strong><\/p>\n\n\n\n<p>That is the opinion of finance expert Kieran Maguire, who spoke exclusively to <strong>Football Insider <\/strong>about Palace&#8217;s plans to grow capacity.<\/p>\n\n\n\n<p>As revealed by <strong>Football Insider <\/strong>(12 October), <a href=\"https:\/\/www.footballinsider247.com\/sources-150m-crystal-palace-plan-gets-green-light\/\">the Eagles have been given the green light to begin their redevelopment of Selhurst Park<\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"703\" src=\"https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2022\/07\/GettyImages-1386644555_1200x824-1024x703.jpg\" alt=\"Crystal Palace\" class=\"wp-image-434635\" srcset=\"https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2022\/07\/GettyImages-1386644555_1200x824-1024x703.jpg 1024w, https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2022\/07\/GettyImages-1386644555_1200x824-300x206.jpg 300w, https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2022\/07\/GettyImages-1386644555_1200x824-768x527.jpg 768w, https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2022\/07\/GettyImages-1386644555_1200x824-1140x783.jpg 1140w, https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2022\/07\/GettyImages-1386644555_1200x824-750x515.jpg 750w, https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2022\/07\/GettyImages-1386644555_1200x824.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The \u00a3150million project is set to add around 8,000 seats to the venue, taking total capacity to 33,000.<\/p>\n\n\n\n<p>Palace posted matchday revenue of \u00a314.1million in their latest <a href=\"https:\/\/swissramble.substack.com\/p\/crystal-palace-finances-202122\">2021\/22 accounts<\/a>, but that figure is expected to rise significantly once the stadium project is complete.<\/p>\n\n\n\n<p>Maguire believes revenue will rise at Palace, but extra focus on hospitality sectors at the stadium may upset the club&#8217;s hardcore fanbase.<\/p>\n\n\n\n<p>&#8220;<em>We&#8217;re looking at a capacity increase of 9,000 and for a club like Palace, you&#8217;re probably looking to get \u00a3600-\u00a3700 per fan per season<\/em>,&#8221; Maguire told <strong>Football Insider&#8217;s <\/strong>Sean Fisher.<\/p>\n\n\n\n<p>&#8220;<em>When those numbers are crunched we end up with a revenue increase of \u00a36-\u00a37million.<\/em><\/p>\n\n\n\n<p><em>&#8220;While that doesn\u2019t sound a lot, there will also be opportunities to improve what&#8217;s offered in hospitality and commercial sectors.<\/em><\/p>\n\n\n\n<p>&#8220;<em>However, I suspect the hardcore Palace fans won&#8217;t be particularly impressed by that.<\/em><\/p>\n\n\n\n<p>&#8220;<em>I think they pride themselves on their South London routes.<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"703\" src=\"https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2023\/08\/Steve-Parish-1024x703.jpg\" alt=\"\" class=\"wp-image-525823\" srcset=\"https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2023\/08\/Steve-Parish-1024x703.jpg 1024w, https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2023\/08\/Steve-Parish-300x206.jpg 300w, https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2023\/08\/Steve-Parish-768x527.jpg 768w, https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2023\/08\/Steve-Parish-1140x783.jpg 1140w, https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2023\/08\/Steve-Parish-750x515.jpg 750w, https:\/\/www.footballinsider247.com\/static\/uploads\/1\/2023\/08\/Steve-Parish.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>&#8220;<em>But you know, football is business whether we like it or not.<\/em><\/p>\n\n\n\n<p>&#8220;<em>I&#8217;m sure Steve Parish will be delighted to get a return on that \u00a3150million investment as soon as possible.<\/em>&#8220;<\/p>\n\n\n\n<p>In other news, <a href=\"https:\/\/www.footballinsider247.com\/sources-man-united-set-sights-on-guehi-after-double-injury-blow\/\">Man United set sights on Crystal Palace star Guehi after double injury blow<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crystal Palace will add \u00a37million to their matchday revenue by expanding Selhurst Park but it may upset their hardcore fanbase. That is the opinion of finance expert Kieran Maguire, who spoke exclusively to Football Insider about Palace&#8217;s plans to grow capacity. As revealed by Football Insider (12 October), the Eagles have been given the green <em>&#8230;<\/em><\/p>\n","protected":false},"author":80,"featured_media":334793,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_coverart":"\"\"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_sections":"\"\"","_grv_disable_ads":false,"grv_featured_categories":""},"categories":[1368,4,18923],"tags":[193],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.footballinsider247.com\/wp-json\/wp\/v2\/posts\/531612"}],"collection":[{"href":"https:\/\/www.footballinsider247.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.footballinsider247.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.footballinsider247.com\/wp-json\/wp\/v2\/users\/80"}],"replies":[{"embeddable":true,"href":"https:\/\/www.footballinsider247.com\/wp-json\/wp\/v2\/comments?post=531612"}],"version-history":[{"count":2,"href":"https:\/\/www.footballinsider247.com\/wp-json\/wp\/v2\/posts\/531612\/revisions"}],"predecessor-version":[{"id":531651,"href":"https:\/\/www.footballinsider247.com\/wp-json\/wp\/v2\/posts\/531612\/revisions\/531651"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.footballinsider247.com\/wp-json\/wp\/v2\/media\/334793"}],"wp:attachment":[{"href":"https:\/\/www.footballinsider247.com\/wp-json\/wp\/v2\/media?parent=531612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.footballinsider247.com\/wp-json\/wp\/v2\/categories?post=531612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.footballinsider247.com\/wp-json\/wp\/v2\/tags?post=531612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}