Brief: Sporting SAD Signs Fotis Ioannidis For 22 Mln Euros

Sporting Clube De Portugal Futebol SAD

01/09/2025 14:57

Sept 1 (Reuters) - Sporting Clube de Portugal Futebol SAD SPSO.LS:

REACHES AGREEMENT WITH PANATHINAIKOS FOR ACQUISITION OF SPORTING RIGHTS AND 100% OF ECONOMIC RIGHTS OF PLAYER FOTIS IOANNIDIS FOR 22 MILLION EUROS

CONDITIONAL TOTAL AMOUNT OF UP TO 3 MILLION EUROS MAY BE ADDED, SUBJECT TO CERTAIN OBJECTIVES RELATED TO SPORTING PERFORMANCE OF PLAYER AND SPORTING SAD

SPORTS LABOUR CONTRACT VALID FOR 5 SEASONS, UNTIL 30 JUNE 2030

PANATHINAIKOS SECURED RIGHT TO RECEIVE 25% OF CAPITAL GAIN FROM ANY FUTURE TRANSFER OF PLAYER

CONTRACT WITH CANCELLATION CLAUSE OF 100 MILLION EUROS

Source text: https://tinyurl.com/tn6at33m

Further company coverage: SPSO.LS

 (Gdansk Newsroom)

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