jts1882
Dean Richards
Which would still be nonsense.
€2.5m would propose that the overall deal is €50m. I don't see those figures quotes anywhere; the most I've seen the media speculate over is this €45m.
It's obvious the media don't understand that any sell-on percentage will only be applied to the value over and above the £16.5m. At most, I think Dynamo will receive £925k (€1.2m)
Mamic seems to be talking to Marca (or Marca are inventing stuff.
Dinamo Zagreb's director tells that Real Madrid has paid almost €45m for Modric
07/30/2012
The Modric soap opera continues to take new twists. Sources in Croatia have reported that the Tottenham player can now be considered Real Madrid's latest signing.
Zoran Mamic, Dinamo Zagreb's director of football told Croatian daily sports newspaper 'Sportske' that Real Madrid has paid almost €45m for the Tottenham midfielder.
Almost €3m of this amount would go to the Croatian club as a fee for the player’s early development.
There was something last week mentioning the 5% payment, which was the first I'd heard of it, but I can't find the link.
When we signed Modric there was an obligatory stock exchange announcement, which stated the fee was €21m to be paid over four years. There was no mention of any sell-on fee. I would imagine a sell-on fee would have to have been mentioned if it detracted from the value of the asset (i.e on the whole amount). It might not be necessary to report it if its only on the profit, as you suggest. Or it could all be in Mamic's imagination.