Steve Parish has had his say of Palace's new signing, Yohan Cabaye, stating that it is "unbelievably exciting" to sign a "fabulous" player like the Frenchman.
Cabaye completed his move to Selhurst Park from French Ligue 1 champions Paris Saint-Germain on Friday morning, and the chairman then spoke to Palace TV to give his views on the transfer.
"Yohan's obviously someone who knows Alan [Pardew] and wants to play, he wasn't getting enough game time at Paris Saint-Germain and he's got the Euros next year and wants to play in that desperately. He's got 38 caps for France already," he said.
"For Palace it's just another moment of truth. We've set a marker down. We mean business in this league!"
He then spoke about Cabaye's ability, referencing the midfield masterclass witnessed by those at Selhurst Park when Newcastle stunned the Eagles 3-0 January 2013.
"This is a fabulous player, by the way, for those people who haven't really seen him," said Parish. "Anyone who was at Selhurst Park that afternoon when Newcastle beat us 3-0 will know. We couldn't get near him.
"It's unbelievably exciting. It's the biggest transfer, from a money point of view, we've ever made. It's the biggest signing from a personality point of view, too. You might put Attilio [Lombardo] there, in that category. The only other player that we've had that's in the same quality level would be Ian Wright. So it's Ian Wright, Attilio and Yohan."
The signing of Cabaye, a French international with Champions League and Europa League experience, is seen as a key moment for the chairman, who admitted he can't believe how far the Eagles have come since 2010.
"It's a fantastic moment for the club, I've got to pinch myself! I never imagined that Yohan Cabaye would come to Crystal Palace, but that's how far we've come in such a short space of time," he said.
"I think the fans are going to absolutely love this lad, whether he plays in the hole or in a number four role, in front of the defence, I think he can do all of it. Technically he's very good, he's strong, Alan knows all about him - which is fantastic - and obviously, he's done a fantastic job, because he knows the player. Alan trusts the player and the player trusts Alan, there's no bad news about this!"
The full video interview, as well as an exclusive chat with the player himself, is available now - for free - at eagles.cpfc.co.uk