Brief: Sporting Signs Player Viktor Gyokeres For 20 Mln Euros From Coventry City

Sporting Clube De Portugal Futebol SAD

13/07/2023 15:17

July 13 (Reuters) - Sporting Clube de Portugal Futebol
SAD  SPSO.LS :
    * SIGNS PLAYER VIKTOR GYOKERES FOR 20 MILLION EUROS FROM
COVENTRY
CITY
    * COVENTRY IS ENTITLED TO RECEIVE 15% OF CAPITAL GAIN FUTURE
TRANSFER, A PERCENTAGE THAT MAY BE REDUCED TO UP TO 10% AT
OPTION OF SPORTING SAD OR DEPENDING ON PARTIAL ACHIEVEMENT OF
OBJECTIVES
    * AMOUNT OF 20 MILLION EUROS MAY BE INCREASED BY UP TO €4.0
MILLION, SUBJECT TO THE ACHIEVEMENT OF INDIVIDUAL AND COLLECTIVE
OBJECTIVES
    * CONTRACT VALID FOR 5 SPORTS SEASONS, THAT IS, UNTIL JUNE
30,
2028, PROVIDING FOR A CLAUSE OF TERMINATION OF 100 MILLION EUROS
    * VALUE OF SOLIDARITY MECHANISM DUE TO THIRD PARTY CLUBS
WILL BE
BORNE BY SPORTING SAD AND COSTS OF INTERMEDIATION SERVICES
RELATED TO TRANSFER AMOUNT TO 2.0 MILLION EUR

Source text: https://tinyurl.com/4pbskh4e
Further company coverage:  SPSO.LS 

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