Madrid sold Di Maria to Man U with anti-Spanish team clause

Image
IANS Lisbon
Last Updated : Feb 19 2016 | 10:02 PM IST

The agreement reached in August 2014 by Real Madrid and Manchester United on the move of Argentina's Angel di Maria included several clauses to prevent his transfer to another Spanish team, with penalties of 30 to 50 million euros ($33.3 to $55.5 million).

A copy of the agreement with all the details of the transfer was revealed on Friday by the whistle-blowing website Football Leaks whose authors say they are Portuguese but remain anonymous, reports Efe.

Real Madrid agreed to transfer the Argentinian playmaker in exchange for 75 million euros ($83.2 million), divided into three phases of 25 million euros each ($27.7 million), and ends in August 2016.

The document also states that the English side has to pay 5 million euros ($5.5 million) to Real Madrid if Di Maria reached the final list of candidates to win the Ballon d'Or and another 5 million euros if he won the award.

Also included are various provisions aimed at penalising a hypothetical transfer of Di Maria to another Spanish team other than Real Madrid.

In that case, United would have had to pay 50 million euros ($55.5 million) if the Argentine had been transferred to another La Liga club in the summer of 2015; 40 million euros ($44.4 million) from that date until the summer of 2016, and 30 million ($33.3 million) until summer 2017.

In the event that the buyer was Barcelona, the penalty of 30 million euros would be extended to 2019, according to the document revealed on Friday.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 19 2016 | 9:48 PM IST

Next Story