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Financial details of Feghouli deal revealed

SofGalatasaray paid West Ham €4.25m for the permanent transfer of Sofiane Feghouli which converts to around £3.86m it has been officially revealed today. Feghouli has put pen-to-paper on a five-year contract with the Turkish giants who are paying him €3.85 million in wages per year earning him just over £67,000 per week.

He will earn an additional €75,000 (£68,000) if he plays in 20 or more games per season. Other bonuses include $200,000 (£154,000) for competing in the Champions League group stages and $100,000 (£77,000) for a UEFA Europa League win.

In addition, he will receive a €5,000 (£4,500) bonus for each point Galatasaray receive in the TFF Super League and UEFA competitions in which the footballer actually plays.

Financial details of the deal were revealed as Galatasaray disclosed the required information of the deal to the Istanbul stock exchange. Turkish footballers pay just 15% tax in the Super league meaning his net pay will be significantly higher than he received in England.

Feghouli signed for West Ham last summer on a free transfer with a signing on bonus of €4.5m spread over three years. He was believed to be one of the highest earners at the club with an average weekly wage believed to top £75,000 per week.

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A senior club source told ClaretandHugh “We just about broke even on the deal. But we’ve got a high earner off the wages. In Turkey he pays lower tax so higher net wages

 

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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

7 comments on “Financial details of Feghouli deal revealed

  1. In the current market, £3.86m is pathetic. We should have waited until a decent offer came in especially considering the performance on Sunday. I would have liked to see him stay.

    • I think many of us would, at least he fights for every ball and can hold onto it but he is gone now so time to look forward and lets be honest when Antonio is fit he wasn’t going to be starting matches so if it frees up wages in the FFP to pay Carvalho or a player that can go straight into the first team then its all good 🙂

  2. Not bad, we paid nothing for him and to get him off the wage bill can’t be a bad thing as he was never a guaranteed starter however I’d prefer Snods to go. If he does go Villa and Carvalho comes in, I’d like us to take a punt on that Jota from Brentford.

  3. NEVER RATED HIM, PEOPLE WHO SIT AROUND ME DIDN,T, THE CLUB DIDN,T,
    SORTED 👍
    Never seen jota ??

  4. Reason we didn’t is bc his Sign on Bonus and it looks like they sorted for Galatasary to pay it saved us £2.7m.
    But looks like if he pays over 20 games he gets more than that if plays over 20 games. Thought he had a good attitude but if selling him and Snod.
    We will need Jota Laz for RW cover and assists the kid got 2 in last game he played over weekend.
    £6m gets him think we should lock it down bc will need cover for Antonio and Laznini

  5. If you like him JRS I will take you’re word for it. 😉

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