Usually the former - add ons are dependant on individual or team performance.
So they could be games, goals, caps or for instance QPR avoiding relegation, making the playoffs, winning the league and so on.
So we might not get anywhere near £5m for him, despite the deal being valued at £5m…. Bit misleading…
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The exact make up is unclear but very few deals are full payment up front. This deal appears to be made up of £2.75m up front. The rest of the deal will be made up of both unconditional instalments (eg £250k in January, £250k next summer) and conditional (eg £100k after 10, 20 appearances, 10, 20 goals, etc) instalments. With a deal like this I’d expect all conditional instalments to be realistic ones.
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Probably why things take so long, definitely an element of gambling if accepting a proportion in these clauses over actual guaranteed moolah.
I also think that QPR will have very strict or interesting conditions that they will have set out as they don’t want another issue with FFP. I believe they have only just finished paying off their £50 million fine they got for breaking FFP several years ago
However, I wish nothing but the best for Kone, he has built himself up from a very poor background to where he is now, took a massive gamble which has paid off for him and his family.
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Thats pretty much how transfers work. Most transfers are either spread over a period of time or including a number of add ons.
That’s how Chelsea were able to “spend” £1.2 billion since their takeover, all of the transfers were spread over 4-7 years. FIFA have now stopped that ability
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Interesting stuff - thanks guys! I never paid too much attention before as most of our transfers have been free, undisclosed, or for relatively low sums. But the old £5m figure did make me start to think…!
Also remember, if the overall transfer fee is below £10 million, the clubs are allowed to hide behind the “undisclosed fee” label so noone actually knows what the player was sold for
Seems we may of sacrificed some of upfront lump sum in favour of a big sell on percentage, a 22.5% sell on clause appears high.
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The 22.5% is a LOVELY bit of business.
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A little look at some of the biggest clause’s to date. Just imagine If he lights up the championship for QPR and moves to a Euro cup playing team for big bucks.
Sell on fee is normally (I think) a % of whatever they make above the fee they pay us.
So if QPR pays Wycombe £5m and sell for £12m we then get a cut of the £7m difference.
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Also, I miss the days of the trust selling the sell-on fee for buttons (was that Hause?) and negotiating an international appearances bonus for England caps, only for the player to then go on to play for Scotland.
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Both were Matt Philips I believe.
The England/Scotland thing wasn’t really a cock up - no club is going to offer the same size add-on for going on to play for Scotland as going on to play for England.
The selling the sell-on fee was a bizarre call.
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Wasn’t that because we needed the ‘bird in the hand’, so to speak?
Not if he were to leave qpr on a free at the end of his contract.
Right. But you’d think that while we were negotiating an international cap bonus for a player eligible to play for Scotland that we might have tried to get something. The chance of him going on to play for England were pretty much nil so the clause was always likely to be worthless.
I think that depends on the agreement. Some are just a flat percentage of what the player has been sold for, others are as you say
No it wasn’t. The club had a desperate and immediate cashflow issue
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