edgy
Well-Known Member
Sporting have communicated to the Securities Market Commission (CMVM) the values involved in their 2023 transfer market deals, with player entries and exits, including bonuses and commission values.
The club reveals that they paid out an initial €20m (£17.5) to City for the Sweden international, with another €4m due in bonuses “added upon achieving objectives,” which are usually based on the usual performance criteria of the number of games played and goals scored. That could see Coventry eventually receive a total of €24m, which is just short of £21m.
The deal also included two million euros in commission, paid for intermediation in the deal (basically agents fees), taking the overall cost of the transfer to Sporting to €26m. The document, which is reported by Portuguese outlet ojogo.pt, also says that Coventry City retains 15 percent of future capital gains (sell-on clause), which can be reduced by up to 10%.
The Swedish international’s former club, it says, is entitled to “15 percent of future capital gains, which can be reduced up to 10 percent at the option of Sporting SAD, or depending on the partial achievement of individual and collective objectives.”
The club reveals that they paid out an initial €20m (£17.5) to City for the Sweden international, with another €4m due in bonuses “added upon achieving objectives,” which are usually based on the usual performance criteria of the number of games played and goals scored. That could see Coventry eventually receive a total of €24m, which is just short of £21m.
The deal also included two million euros in commission, paid for intermediation in the deal (basically agents fees), taking the overall cost of the transfer to Sporting to €26m. The document, which is reported by Portuguese outlet ojogo.pt, also says that Coventry City retains 15 percent of future capital gains (sell-on clause), which can be reduced by up to 10%.
The Swedish international’s former club, it says, is entitled to “15 percent of future capital gains, which can be reduced up to 10 percent at the option of Sporting SAD, or depending on the partial achievement of individual and collective objectives.”