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Everton fans hopes of a West Ham windfall are dashed

Everton fans hoping for a massive windfall through the sale of Nikola Vlasic are lightly to be very disappointed.

The Premier League rivals did insert a 15% sell on clause into the contract when they sold the attacking midfielder CSKA Moscow in the summer of 2019.

The sale price at that time by the Merseyside based Premier League club was said to be £20.7m and if the reported 30 million Euros (£25.6m) buy price for West Ham if correct that is just a modest profit of £4.9m.

Sell on clauses are almost always based on profit and not on the final transfer fee so 15% of £4.9m is just £735,000!

As this is a five year contract it is likely that West Ham will be paying in five equal instalments of £5.2m to Russia.

This might mean Everton getting a small pay-out of £147,000 per year from the Russian club.

Don’t spend it all at once lads!

 

About Sean Whetstone

I am Season Ticket Holder in West stand lower at the London Stadium and before that, I used to stand in the Sir Trevor Brooking Lower Row R seat 159 in the Boleyn Ground and in the Eighties I stood on the terraces of the old South Bank. I am a presenter on the West Ham Podcast called MooreThanJustaPodcast.co.uk. A Blogger on WestHamTillIdie.com a member of the West Ham Supporters Advisory Board (SAB), Founder of a Youtube channel called Mr West Ham Football at http://www.youtube.com/MrWestHamFootball, I am also the associate editor here at Claret and Hugh. Life Long singer of bubbles! Come on you Irons! Follow me at @Westhamfootball on twitter

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