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Obiang transfer – the finances

West Ham will pick up just over €6m from the transfer of Pedro Obiang who has left the club  for Italian  outfit US Sassuolo.
The two clubs agreed a fee of €7 million for the midfielder but the Hammers had to pay a five per cent Fifa solidarity payment to Atletico Madrid who looked after the player as a youngster  and that worked out around €350k.
And we understand that the player was also due a further €500,00 of his  signing on fee which reduced the Hammers take out to just over €6 million.
However, that could rise to closer to the £7 million fee with add ons based on appearances.
Obiang and his wife  – whose wife is expecting a child – were desperate to move  to Italy and the Hammers were not ready to stand in his way despite him having three years left on his contract.

The 27-year-old midfielder spent four years in east London, joining the club in summer 2015 from fellow Serie A team Sampdoria.

He played 116 times in claret and blue, scoring three times – including the club’s goal of the season in 2017/18 with an unstoppable 30-yard drive against Tottenham Hotspur at Wembley Stadium.

 

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About Hugh5outhon1895

Hugh Southon is a lifelong Iron and the founding editor of ClaretandHugh. He is a national newspaper journalist of many years experience and was Bobby Moore's 'ghost' writer during the great man's lifetime. He describes ClaretandHugh as "the Hammers daily newspaper!" Follow on Twitter @hughsouthon

2 comments on “Obiang transfer – the finances

  1. Why is it that bang average players are being sold all over Europe for decent amounts except when it’s WHU selling them? We always seem to get sweet fa for everyone.
    We spend less than £30m net & suddenly we are back to having no transfer fund. How many £m have been taken off the wage bill this summer?
    We have a billionaire owner yet come across as a branch of Aldi.
    There’s no point having £40m+ attacking players if we have Cresswell or Arthur playing ‘who can be the worst left back in the PL’ behind them.
    I can see some high scoring games coming up if the defence isn’t addressed

  2. So Fernandes, Perez, Arnautovic, Byram and Obiang equate to circa £40m of sales.
    Hugill and Oxford would add about £5m if sold
    Presumably Browne and Cullen will earn the Club £2m each?

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