Crystal Palace complete the first January 2026 transfer window signing

Crystal Palace Agree £35m Deal for Brennan Johnson in Early January Statement

Crystal Palace have reportedly completed the first major signing of the January 2026 Premier League transfer window, moving swiftly to secure Welsh winger Brennan Johnson from Tottenham Hotspur.

The Eagles have reached a £35 million agreement with Spurs following extensive club-to-club negotiations. The deal is now awaiting Johnson’s final approval, with Palace confident of completing the transfer once the window officially opens.

Johnson’s Spurs Journey Nears an End

Johnson, 24, joined Tottenham from Nottingham Forest in 2023 for £47.5 million and has enjoyed a productive spell in North London. Across all competitions, he has registered 27 goals in 107 appearances, including a memorable Europa League final-winning goal that cemented his reputation as a big-game performer.

However, his influence has waned this season under new manager Thomas Frank. Johnson has made just six Premier League starts, prompting discussions over his long-term role at the club and opening the door for a potential exit.

Palace Move Ahead of Rivals

Crystal Palace view Johnson as a major reinforcement as they look to strengthen their squad for both domestic competition and potential European ambitions. The South London club have moved decisively ahead of Bournemouth and Everton, both of whom had been monitoring the winger’s situation.

Palace believe Johnson’s pace, versatility, and proven Premier League output make him a strong fit for their attacking setup, despite the significant investment involved.

Transfer Dominoes Across the League

Johnson’s availability is closely tied to wider movement in the transfer market. Manchester City are on the verge of completing the signing of Antoine Semenyo from Bournemouth, with reports suggesting City are prepared to activate the winger’s £65 million release clause.

Semenyo’s representatives have already arrived in Manchester to finalise contract terms, following a verbal agreement with City. Interest from Liverpool, Manchester United, Chelsea, and Tottenham failed to develop into formal offers, leaving Pep Guardiola’s side clear to proceed.

With Semenyo set to depart, Johnson has emerged as a leading replacement option across the league. Tottenham have given approval for his sale, while Bournemouth have re-entered the race to fill the impending gap in their squad.

Palace Confident Despite Valuation

Despite Johnson being valued at around €40 million, Crystal Palace remain confident the deal represents good value. The club believes his experience at the top level and ability to deliver in high-pressure moments justify the fee.

If finalised, Brennan Johnson’s arrival will mark Crystal Palace’s first statement signing of the January 2026 transfer window, signalling clear intent as they look to build momentum in the second half of the season.