Goldman Sachs Leads £125 Million Loan to Crystal Palace
Selhurst Park, London.
Photographer: Jordan Pettitt/PA Images
Goldman Sachs Group Inc. is leading a £125 million ($168 million) loan deal to Premier League club Crystal Palace, in part to help finance the redevelopment of the club’s stadium, according to people familiar with the matter.
The new loan replaces a previous financing arrangement from another backer. The terms of the Goldman Sachs loan are more favorable and offer a longer repayment period tied to the stadium redevelopment, the people added. The prior loan had been secured against the club’s broadcast income.