Manolas clause blocks Chelsea?

by | Apr 7, 2016 13:12

If Roma sell Kostas Manolas this summer, they will be forced to give 50 per cent of the fee to Olympiakos.

The Greek defender has been linked with a transfer away from the Giallorossi, with Chelsea thought to be interested.

However, the Football Leaks website has revealed details of the agreement which took Manolas to Serie A.

If Roma sell Kostas Manolas this summer, they will be forced to give 50 per cent of the fee to Olympiakos.

The Greek defender has been linked with a transfer away from the Giallorossi, with Chelsea thought to be interested.

However, the Football Leaks website has revealed details of the agreement which took Manolas to Serie A.

The Lupi paid €6.5m for 50 per cent of Manolas’ economic rights in 2014, and are obliged to buy the remaining 50 per cent for another €6.5m if he is not sold before September 1, 2016.

However, if Roma sell Manolas on this summer, they must pay the Greek side the €6.5m, or give them half of the transfer fee “whichever is the greater”.

With the 24-year-old thought be valued at around €35m, that would mean that in practice the Giallorossi would receive only €17.5m if they were to sell him for that figure in the summer, as the other half would go to his former side.

The contract makes it explicit that Roma will owe a minimum of €6.5m, but will have to pay half of any transfer fee above that – "if the transfer fee is €10m, Olympiakos will still be eligible to receive €6.5m. If the transfer fee received by Roma is €20m, in this case Olympiakos should be receiving €10m".

This would therefore make it unlikely that Manolas will be sold this summer, as the Lupi can simply pay €6.5m to Olympiakos, and keep any future transfer fee for themselves.

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