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However, a knee-related issue was picked up in his medical and the two clubs were forced back to the table to discuss how to proceed with the deal for the England U20 international The committee - who came together 13 months after Ferguson's move - decided that Crystal Palace would only have to pay £900,000 for the youngster.
Ferguson has not played a game for Palace since his arrival in July 2020 - having arrived with a knee injury and torn his Achilles in May.
Nevertheless, it is understood that Palace will stand by the young defender as they still believe he will have a bright future in the game.
However, a knee-related issue was picked up in his medical and the two clubs were forced back to the table to discuss how to proceed with the deal.
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