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It’s not often you see an out-and-out, straight swap deal go ahead, especially between two Premier League clubs.
Sure, there have been those deals put in place to circumnavigate the league’s financial rules, but they were always very much established as separate transactions, even if everybody knew they were essentially a swap.
However, in the case of Brennan Johnson potentially heading to Everton and Dwight McNeil hoping to head the opposite way to Crystal Palace, it seems like a straight swap could be coming to pass.
There will likely have to be some compromise to finalise it, but should it go ahead, Everton are getting a player who needs a change off their books, and are actually bringing in the profile of wide player they need — pace, a runner in behind and with an eye for goal.
It sets Everton up nicely in the wide positions, and there is still a strong likelihood Jack Grealish joins before the transfer window is up. Iliman Ndiaye, of course, may ultimately make way too, but with Johnson in the ranks, there is a proven record of output, from a player who is only 25.
Everton came close to signing Johnson before. He was a key target for Kevin Thelwell and Frank Lampard back in 2022, but that deal was scuppered once Nottingham Forest gained promotion to the Premier League.
A year later, Tottenham were paying just short of £50M to sign the Wales international.
And while the last year or so has been tough for Johnson, Everton are getting an upgrade.
He has that versatility of being able to play anywhere across the front line, including up top, but his best position is on the right. Really, this is the kind of player Everton should have been going for last year, but instead they elected to spend big on Tyler Dibling.
It’s not that Dibling is not a promising talent, but last summer, Everton needed to sign a right winger who would come in and make an impact, who would get minutes. David Moyes would always be more likely to give Johnson minutes than a 19-year-old.
This is shrewd business, though, from Everton. A stumbling block could be Johnson’s wages, which are reported to be north of £100k per week. However, perhaps Everton will be hoping to negotiate that salary down.
Johnson is not the most creative player, but he is someone who is adept at getting on the end of moves, either to finish or provide that final pass. He may not be playing crisp throughballs in behind, but his movement — when on form — is excellent, and he attacks the posts well.
Since the start of 2022-23, Johnson has scored 37 goals and provided 19 assists in 181 games. His best goal tally came in 2024-25, when he netted 18 times for Spurs, including grabbing the winner in the Europa League Final.
Last season was his poorest when it came to goal involvements, as he registered just 6 across his time with both Spurs and Palace, but he is coming into a team that has struggled for goals — the bar is low.
It is a move that comes with question marks, though.
Dibling had probably his most promising display in an Everton shirt against Stuttgart on Saturday, playing off the right flank, a position Johnson is likely to occupy. However, there is nothing wrong with healthy competition, as long as Moyes is willing to rotate.
This writer still feels it is likely Grealish ends up at Everton come the end of the window, and so the sale of Ndiaye probably becomes more likely now in turn. It’s not that Johnson is Ndiaye’s replacement as such, it’s just hard to see Everton carrying five wingers into the campaign, albeit they must still hold out for a very high fee on Ndiaye.
Moyes must also be willing to play to Johnson’s strengths. There’s little point in having him hug the touchline — he needs to have the freedom to cut inside and make those darting runs to latch onto crosses from the left, which is why going to re-sign Grealish make sense. Or, Everton need to upgrade on Vitaliy Mykolenko, which they seem incapable of doing.
McNeil will go with my best wishes, albeit apart from when Palace rock up to Hill Dickinson Stadium on 22 August. He was brought in at a difficult time for the club and, once Sean Dyche took over, he had an excellent spell in 2023 and 2024.
His form has badly dipped since then, though, and that he got so much game time last season was frankly baffling, even if he did do a decent job in a few matches in the late winter/early spring.
If this goes to plan, then Everton should have got the better of this deal. They have a player who is younger, with more potential, and crucially, more of the attributes that the team requires right now.
Reader Comments (72)
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2 Posted 10/08/2026 at 13:11:09
He's by no means a flop.
3 Posted 10/08/2026 at 13:53:54
He was also probably our most important player -- along with Doucoure -- under Dyche.
4 Posted 10/08/2026 at 14:06:52
5 Posted 10/08/2026 at 14:10:55
From memory - certainly my life time - most of our trophies have been won with some Welsh playing contribution 69-70 a noted exception).
6 Posted 10/08/2026 at 14:18:41
It should not be forgotten by any Evertonian that Dwight and his partner have gone through a horrible ordeal (which is hopefully all behind them now), which obviously impacted his performances for a while, and yet he has never shirked.
The way he elevated his game after the disappointment they experienced in January is also praiseworthy.
I think Brennan Johnson has the higher potential but his confidence must be battered. Hopefully our club will suit him and allow him to flourish again.
This deal is strange enough to make me wonder if there is a scenario where Crystal Palace can somehow benefit from a domino effect if Iliman Ndiaye were already set to move on in the next few weeks.
7 Posted 10/08/2026 at 14:19:29
Dibling out on loan? Ndiaye departure?
8 Posted 10/08/2026 at 14:31:36
9 Posted 10/08/2026 at 14:34:33
George and Johnson give some much needed pace to this side. Johnson also stretches the play, he is a player that stretches the game and hits the penalty area with runs as often as he can. This is a quality that can benefit our team massively.
I think this is a fair deal. McNeil has some great qualities but he needs to play central with runners around him. Despite his height and effort, he's physically not brilliant at this level but he is technically decent.
I would imagine he'll be more of a playmaker in the Palace team rather than on a wide midfield shift like he was under Moyes. I would expect them to sharpen up his set-piece deliveries also and use these as an asset -- particularly at home.
10 Posted 10/08/2026 at 14:40:36
We're used to our wingers pulling in four a year. We just need to get this deal over the line before Parish wakes up on the floor from whatever casino we took him to last night!
11 Posted 10/08/2026 at 14:44:38
That frustrated the hell out of me... and probably the rest of his teammates.
12 Posted 10/08/2026 at 14:57:55
Baby steps though, I suppose
13 Posted 10/08/2026 at 15:06:11
Do I smell something fishy here or am I being just my normal paranoid self?
After all, people say, if a deal looks too good to be true... it usually is.
14 Posted 10/08/2026 at 15:15:03
It's worrying Palace want to offload someone who they spent £30M on 12 months ago for a player in the last 12 months of his contract.
I just hope this isn't a sign that Ndiaye is on his way.
15 Posted 10/08/2026 at 15:34:37
I would rather see him than Mykolenko.
16 Posted 10/08/2026 at 15:36:44
I wish Dwight all the best, has a cultured left foot, and the few seasons. We were in a relegation scrap, he was one of our unsung heroes.
17 Posted 10/08/2026 at 15:44:20
Whilst we are negotiating with them, we should offer money for Mateta as part of any deal. If we gave them McNeil plus £15M for Mateta and Johnson, that would be good business. Then offload Beto for £10M and the deal has cost us £5M for two good players -- one of whom is really good.
18 Posted 10/08/2026 at 15:56:55
We will probably get fined or have points deducted for contemplating it.
19 Posted 10/08/2026 at 16:01:29
That certainly was the case under PSR. Not sure it still applies under SCR.
20 Posted 10/08/2026 at 16:26:15
Here is what the BBC are saying.
While such player trades between clubs are an unusual transfer window event, they are permitted -- but they do have to meet certain rules.
The swap of McNeil and Johnson will technically be treated as two separate transfers, and will be part of the assessment of the Premier League squad cost ratio (SCR) regulations.
For example, Johnson cost Palace £35M, and his valuation as part of the McNeil deal would affect the Eagles' SCR calculations. He would need to be valued at about £30M for it to be recorded as a neutral transaction on the accounts.
But what if he is valued at less than that?
When McNeil's proposed move to Selhurst Park fell through in February, he was valued at £20M. If this is a true swap deal, and the two players are valued at £20M, that would be a £10m loss for Palace.
All swap deals also still have to pass the Premier League's fair market value (FMV) checks.
Regulations around associated party transactions (APTs) and FMV were first introduced in 2021 in order to "provide a robust mechanism to safeguard the financial stability, integrity and competitive balance" in the Premier League.
External valuation companies will be consulted on factors such as a player's age and performance level, as well as assessing deals with other comparable players, to determine if a deal tallies with market value.
The Premier League will make the final judgement on whether the deal passes FMV checks.
21 Posted 10/08/2026 at 16:30:01
22 Posted 10/08/2026 at 16:31:46
The Premier League will block it on one factor: this is Everton.
23 Posted 10/08/2026 at 16:37:27
McNeil: 1 goal or assist every 4.5 games (Premier League only).
Seems we are getting the better deal, statistically (and transfer value) speaking. We should 'swap' more often...
We 'won' the Dobbin - Iroegbunam deal too. Dobbin now valued at £7M and Iroegbunam at £18M and Dobbin never played for Villa. For those not following (as I wasn't), Dobbin is now at Southampton.
24 Posted 10/08/2026 at 16:37:30
We can't have Dwight unpacking the boxes for a second time…
25 Posted 10/08/2026 at 16:44:39
We valued McNeil at £20M in the last window when the deal fell through, so the problem is not at our end.
26 Posted 10/08/2026 at 16:46:14
Let's hope, if this swap takes place, he finds his way again with us.
27 Posted 10/08/2026 at 16:52:39
We will get charged with a playing advantage, get relegated to the Northern Premier League, and get fined £20B.
At least we can meet up with Jeff Stelling when we play Hartlepool.
28 Posted 10/08/2026 at 16:54:16
Yes, he had a very poor time at Palace but has been pretty consistent across his other seasons in the Premier League.
He's also pretty durable it seems, only missing 5 games through injury in 4 Premier League seasons, 2 hamstring, 3 calf.
29 Posted 10/08/2026 at 16:57:13
Aina, a right-back... or Morata, left-footed and plays centre-back or left-back.
30 Posted 10/08/2026 at 16:58:19
This appears to be a straightforward swap so I can't see how an issue could arise to prevent this deal going through.
31 Posted 10/08/2026 at 17:01:35
He didn't settle at Palace but, with a bit of love from our wonderful fans, maybe we can see some form return. I like him and think he will provide excellent competition along with our other wingers. I now think this means Jack won't be coming... love him, but it's for the best.
As for right back, I like the look of the Spanish kid we are allegedly after but I would prefer someone more experienced like Wan Bissaka. Could we get both with the Barca lad on a loan? I think we will only get a striker if someone is prepared to offer some cash for one of our current forwards, come on Leipzig you know you want to! Delap doesn't seem too popular on here but I think he'd be a terrific signing. COYB.
32 Posted 10/08/2026 at 17:21:15
I also moved away from ToffeeWeb after the reshuffle, but I gradually began to return, starting with the live forum and eventually came full circle.
It's pretty much business as usual if you ignore all the betting ads and some of the obviously clickbait articles that offer no real insight or analysis. But when some of the posts get tasty, it's as entertaining as ever.
33 Posted 10/08/2026 at 17:24:16
I really question everything Moyes does for us since he fucked us over for the Man Utd job.
34 Posted 10/08/2026 at 17:26:14
Sad to hear you've retired from ToffeeWeb.
The way things are going, I'd be more than happy if we got one right-back!
35 Posted 10/08/2026 at 17:39:20
When on a roll... don't stop.
36 Posted 10/08/2026 at 17:48:57
No matter what position he plays, Palace will soon find his limitations unbearable.
37 Posted 10/08/2026 at 18:07:41
Congratulations on your TW retirement, because now you can become a highly-paid pundit!
38 Posted 10/08/2026 at 18:18:19
He is young enough, hopefully will settle, and find his previous form. As much as I like the man, McNeil was done here a long time ago.
39 Posted 10/08/2026 at 18:28:00
Palace were saddled with a massive wage for a player who, to be blunt, failed. I bet they cannot believe their luck that somebody would come and take that wage off them -- £6M a year, I hear.
Two totally different players. McNeil is very skillful but simply doesn't have the pace or athleticism to get away from a defender he has just beaten. Johnson is almost the complete opposite. Searing pace, but not blessed with a great deal of skill. No tricks... or composure.
Which club will be the happier with the deal come the end of the season? Well, we had to let McNeil go; he was surplus... But my money is on Palace fans to be happier once this plays out.
40 Posted 10/08/2026 at 18:36:55
See them now rubbing their hands together...
41 Posted 10/08/2026 at 19:00:56
Editorial Team
42 Posted 10/08/2026 at 20:54:27
I'm glad you got past the ToffeeWeb homepage, which is far from welcoming. I'm hoping there's a major revamp coming down the wires, possibly as early as the end of the week. But the betting stuff will still be present, I believe, as it helps to provide the funds to run the website.
At the moment, if you go straight to News, or the News Archive, you get all the current stories, and we are striving to provide valid updates about Everton every single day, so there should always be something new for you to scan.
The News pages are a lot cleaner than the home page, and hopefully easy to skim through, with usually a good bit of back and forth from our posters who can be counted on to provide a decent flow of comments.
Jeff @32, thanks for coming back and being one of those posters who help make the site what it is. I hope you don't think too many of the stories are clickbait. We want traffic, of course, but each story should have meaningful Everton content, and the story titles are meant to inform you of that content, which for me is the opposite of clickbait.
There's a major shift coming in how we run the site, and I should really have Harry tell us more, but he might be waiting for the rollout first.
43 Posted 10/08/2026 at 20:56:59
I hope to get back some love for the game this season, that would be helped by getting Eddie Howe in and moving Davie boy upstairs.
44 Posted 10/08/2026 at 21:25:32
Out of curiosity, I had a look at your Gerry Humphreys choice and he just sneaked in with one league appearance and one cup game in 1969-70.
45 Posted 10/08/2026 at 21:30:30
46 Posted 10/08/2026 at 21:37:15
Christy 45, I think Munoz would be a better option than the Celtic lad, he's got bags of Premier League experience and is a great overlapping full back, good signing if the price is right my guess around £15M.
47 Posted 10/08/2026 at 22:08:36
We seem to be linked with a different right back everyday. Project panic…
48 Posted 10/08/2026 at 23:33:47
And the previous season (I think) scored one of the greatest goals ever seen at Goodison.
49 Posted 11/08/2026 at 01:22:01
We have no idea what has gone wrong for him over the last calendar year, but the searing pace you speak of is our most glaring deficiency and our most desperate need.
In the words of Stephano in Shakespeare's The Tempest (I'm playing the role this weekend), if we "can recover and tame him, he's a gift for any emperor who ever trod on neat's leather."
50 Posted 11/08/2026 at 01:28:40
The guy has an atomic battery in his belly. Loves to attack. He'd add so much excitement to this dull club. Hope it's true.
51 Posted 11/08/2026 at 01:40:25
Munoz would be a great signing despite his age, but I'd expect he would have plenty of options if Palace are letting him go. All action and an eye for goal as well.
Unless he's been playing on painkillers to mask injuries, I'd expect he could keep going at a decent level for at least another 4 years.
52 Posted 11/08/2026 at 01:46:47
Son of my Father
53 Posted 11/08/2026 at 02:06:44
So he's probably worth a punt. Big 'however' though: when a player's form has been in serious decline for a year, it usually continues to decline.
54 Posted 11/08/2026 at 06:02:44
Well the BBC would question it, wouldn't they? Their site is run by Southern so-called kopites, none of whom probably have ever been near the theme park in their lives.
Watching Toffee TV yesterday while on holiday and apparently the two cretins who front their Redmen TV show were absolutely fuming.
God knows why... they spend absolutely zillions on flops like Isak worse and the best of them all ping pong, absolutely shite and they have the temerity to question a straight swap and automatically think it stinks.
Horrible set of entitled twats if you ask me, and I hope Brennan goes on to tear their full-back to bits in the next derby.
55 Posted 11/08/2026 at 07:10:40
Hard to see the rationale behind a straight swap.
56 Posted 11/08/2026 at 08:11:40
You must surely know you have brought your stats to the wrong door? I could of course dismantle them, but I am getting very bored trying to explain the difference between reality and stats.
Wage-wise we are already on the receiving end of this deal -- we have relieved Palace of a massive albatross. Let's hope we are not simply putting it around our own necks.
It's really unlike you to get a tad over-enthusiastic over our latest signings... and I kinda know that your enthusiasm is driven by stats rather than what you have seen. I sincerely hope you are right... this time.
If Johnson proves to be more successful for Everton than McNeil is for Palace, I think we would all be delighted.
57 Posted 11/08/2026 at 08:20:19
Amortisation maybe? Profit on future sale?
Johnson - McNeil deal: Have two clubs ever swapped players before?
58 Posted 11/08/2026 at 08:32:41
"Brendan, hopefully it's because our new transfer gurus have come up with a loophole that benefits us."
Now you have got me worried!
59 Posted 11/08/2026 at 09:12:30
McNiel is a one-footed crab, he has a decent left foot and a cracking shot but his pace lets him down.
Sometimes players don't settle at certain clubs, so I'm not arsed about Johnson's time at Palace; I'm hoping we get the Spurs version!
60 Posted 11/08/2026 at 09:19:38
Not his type of full-back, gets forward too often, too many goals and assists. Too often out of his own half.
Can't be true, can it….
61 Posted 11/08/2026 at 09:20:14
62 Posted 11/08/2026 at 09:24:08
Yes, Jack Humphreys played quite a lot when TG Jones wasn't picked, when he and Theo Kelly were arguing over the refusal to let TG go to Italy on a transfer deal.
I saw him play many games for the Blues, not sure if an illness ended his career.
If I'm not mistaken, Jack was Gerry's stepdad and Gerry finished his career at Crewe Alexandra, playing under Jack's old teammate at Everton, Harry Catterick.
63 Posted 11/08/2026 at 09:34:46
I just read this morning that there were problems with his attitude and consistency at Palace.
Like Darren says, we will be paying big wages, so I hope he doesn't turn out to be another lemon!
65 Posted 11/08/2026 at 09:59:20
What it appears is Moyes has traded the wages of Gana and McNeil for Norgaard and Johnson, for a total transfer value of £7M.
This looks like smart business by Everton, particularly when McNeil walks for free at the end of the season.
McNeil isn't getting ahead of Ndiaye, George, Grealish or Alcaraz on the left. Nor should he get in front of Dibling, Ndiaye, Johnson or Rohl on the right.
I like the Munoz rumour too.
66 Posted 11/08/2026 at 10:05:47
67 Posted 11/08/2026 at 10:06:24
We've signed Johnson -- it's official.
68 Posted 11/08/2026 at 10:14:06
McNeil's output has been abysmal since his good 18 months under Dyche, and that only seemed good because of the terrible team we had at the time.
Some people will never be happy, whoever you sign... I get that. There's no real downside, if Johnson is shite, then we have swapped a shite player for a shite player, but a younger one, with a decent chance of selling him on.
Some people would moan if we swapped McNeil for Yamal.
69 Posted 11/08/2026 at 10:39:15
You and others on here are deluded in thinking that Everton can snap their fingers, open a wallet and players will flock to the club.
Bowen did not want to leave West Ham and signed a new contract to prove it. For a deal to happen, it is not just the financials that matter. Unbelievable as it is, some people just don't want to live on Merseyside, or uproot their kids from schools they are happy in. Some players like living close to the bright lights of London.
For a deal to happen, we have to be the best option for that player -- not just in terms of money. It seems that slowly, our recruitment team is assembling a squad that looks to have more depth than last season, and a little more quality. Add to that the improvements seen pre-season in Dibling, Barry, Rohl and Armstrong, there is a little cause for optimism.
Yes, we need to keep looking for a couple of full-backs. But as with other positions, if we are competing with more attractive suitors, then it will be a struggle.
70 Posted 11/08/2026 at 10:42:31
What possible motivation could Palace have for passing off one of their assets at an undervalue?
71 Posted 11/08/2026 at 11:07:22
Everybody has a price. Particularly footballers. It's a commodity business and if TFG wanted to improve our starting XI and get a Champions League-class player, ready to go, proven and a brilliant player -- that we realistically could acquire -- then Bowen would be your man.
Offer West Ham £30M and Dwight McNeil and they would consider that offer seriously in my opinion. I'd even go up to £40M for Bowen -- he's that good. And 3 years of him for £40M and his wages would be a comparative bargain.
Once West Ham and Everton want to do the deal, what the player wants comes second.
72 Posted 11/08/2026 at 12:50:01
Bet he moves to Forest with Glasner, despite them already having Aina. Bet we go back in for Alistair Johnston at Celtic, unexciting.
73 Posted 11/08/2026 at 14:22:58
"A proper attacking right-back"...
The reason Moyes won't sign him, mate.
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1 Posted 10/08/2026 at 13:06:39