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Everton and Crystal Palace Complete Rare Cashless Swap for Brennan Johnson and Dwight McNeil

The straight player exchange appears to match both players’ valuations and could force Palace to record a significant accounting loss.

Overview

  • The clubs confirmed the swap on Tuesday, with Brennan Johnson signing a four-year contract at Everton and taking the No. 22 shirt while Dwight McNeil joins Crystal Palace.
  • Reports say no cash changed hands and both players were given similar valuations of about £20m, a structure that would leave Palace writing down the £35m fee they paid for Johnson.
  • Sporting logic cited by analysts is that both wingers need a fresh start: Johnson has proven goal totals earlier in his career but went scoreless in 26 appearances for Palace, while McNeil offers a creative left foot but has struggled for end product at Everton.
  • The deal prompted strong public reaction after pundits on talkSPORT criticised the swap, Johnson replied on social media with a sharp retort, and Gabby Agbonlahor later apologised on air.
  • The move has immediate consequences on and off the pitch because the pair will face their former clubs on the opening weekend and the swap could improve both clubs’ squad-cost reporting while reshaping each side’s wide options.