Brief: Sporting CP Transfers Player Joao Palhinha To Fulham For 22 Mln Euros

Sporting Clube De Portugal Futebol SAD

04/07/2022 10:23

July 4 (Reuters) - Sporting Clube de Portugal Futebol SAD
 SPSO.LS :
    * IT HAS REACHED AN AGREEMENT WITH FULHAM FOOTBALL CLUB FOR
THE
TRANSFER, ON A DEFINITIVE BASIS, OF THE SPORTING RIGHTS OF
PLAYER JOÃO MARIA LOBO ALVES PALHINHA
    * FOR TRANSFER, SPORTING SAD WILL BE ENTITLED TO RECEIVE
AMOUNT OF
22 MILLION EUROS OF WHICH 20 MILLION EUROS ARE FIXED AND UP TO 2
MILLION EUROS OF MAXIMUM VALUE THAT VARIES ACCORDING TO
OBJECTIVES
    * ADDITIONALLY, IT HAS RIGHT TO RECEIVE AMOUNT CORRESPONDING
TO
10% OF CAPITAL GAIN RESULTING FROM FUTURE TRANSFER
    * SPORTING SAD WILL HAVE CHARGES WITH INTERMEDIATION
SERVICES
RELATING TO AFOREMENTIONED TRANSFER CORRESPONDING TO 10% OF ITS
VALUE

Source text: https://bit.ly/3IelC6t
Further company coverage:  SPSO.LS 

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