Crystal Palace net profit as former defender makes Everton move

Crystal Palace have landed a profit after Jake O’Brien completed his move from Lyon to Premier League rivals Everton.

The South London Press reported that the Eagles were due a minimum of 15 per cent of the profit from O’Brien’s next move following his departure from Selhurst Park.

Palace sold O’Brien to Lyon – owned by Eagles co-owner John Textor – for a fee in the region of £1million after a successful loan spell at RWD Molenbeek in Belgium.

Irish international O’Brien has penned a four-year deal with the Toffees following a season with Lyon that saw him make 32 appearances in all competitions, scoring five goals and picking up two assists.

“I’m buzzing and so happy to have signed,” O’Brien said.

“I’ve been dreaming of this kind of move in the Premier League, with such a historic club. It’s a very exciting move for me.

“When the transfer window opened there were other clubs in for me but there was only one club I wanted to go to – it was Everton.

“They’ve shown the faith in me so now it’s my turn to show why on the pitch.”