Arsenal's R892 million Mesut Ozil deal is revealed

26 January 2016 - 02:12 By Jeremy Wilson, The Daily Telegraph


Real Madrid negotiated a buy-back option from Arsenal for Mesut Ozil on a deal that is worth €50-million (R892-million), according to a transfer document that was published on Monday on the Football Leaks website. The website has posted a series of documents in recent days, including the terms of Gareth Bale's world-record transfer to Real Madrid, and new details of Arsenal's club-record deal for Ozil have now emerged.The most striking element is the clause that gives Madrid a 48-hour first option on Ozil should Arsenal agree a sale for their play-maker to another Spanish club. The option does not apply if Arsenal were to sell Ozil to a club outside of Spain and would require Madrid to at least match the deal that had been agreed elsewhere.One curious element of the breakdown is that the final €6-million is paid in €1-million instalments each year Arsenal qualify for the group phase of the Champions League. This strongly suggests that Arsenal have been actively writing into their player contracts a clause that will mitigate the financial loss of ever not qualifying for the Champions League. They have never finished outside the top four in 20 years of Arsene Wenger but there have been a series of close finishes over recent years.The €50-million fee is broken down into an initial €24-million payment that was completed on September 2 2013 when Ozil joined Arsenal. A further €15-million was then payable on September 30 2014 and then another €5-million on September 30 2015.The remaining €6-million was then split evenly over six years from July 1, 2014 subject to Champions League qualification.

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.

X