Home La Liga Atletico Madrid REVEALED – Why Chelsea spent £32m on Costa

REVEALED – Why Chelsea spent £32m on Costa

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Atletico Madrid insisted that Chelsea meet Diego Costa’s release clause and pay £32million for the striker- because they knew they would only recieve half of that.

Negotiations for the Brazilian were dragged out as Chelsea have been interested in the player for months. The negotiations took longer because of the fact that Atletico held out for Chelsea to offer Coasta’s release clause of £32million. This happened because Atletico will only pocket £16million of the fee.

Reports in Spain suggest that agent Jorge Mendes will pocket 10% of the amount, while Portuguese club Sporting Braga, Costa’s club before Atletico, are entitled to 20%. Finally, Investment Fund Quality held a stake in the player, but they have now been bought out by Chelsea, meaning The Blues got 20% of the fee they paid back.

 

By Ben Kelly

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https://twitter.com/benkelly_10

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