Erling Haaland’s “only” £ 51m transfer fee looks like a good deal compared to many other transfers, but the actual cost seems to be much higher than the transfer fee. However, changes in FIFA regulations can significantly reduce agency fees.
Based on the information shared by the Athletic, the late Mino Raiola’s agency was set up to earn £ 34m with Erling Haaland’s father Alfie Haaland. That number accounts for two-thirds of the transfer fee itself and combined with the wages that Harland Jr. is expected to earn, the total cost is in the hundreds of millions.
Manchester City Agrees Upon the £51 million Transfer Deal
Manchester City has confirmed that Erling Haaland will sign a five-year contract during the summer transfer window. Current Premier League champions have agreed to pay £ 51m ($ 63m), which will result in the release clause in the striker’s current contract with Borussia Dortmund.
Since entering the Champions League scene at Red Bull Salzburg in 2019 and deciding to travel to Germany in the January window of the season, the prolific Norwegian International has attracted attention from major sides throughout Europe.
Dortmund maintains an astonishing batting average of 85 goals in 88 games, and his impressive skill at the age of 21 has been added to the ranks studded with stars working under Pep Guardiola at Etihad Stadium.
The Release Clause with Current Contract Holder Borussia Dortmund
Based on the reports stated by GOAL, Erling Haaland’s move to Manchester City has been confirmed to be as early as this week.
It seems like the personal terms have been discussed and agreed upon and City only the trigger of the €75 million (£63m/$81m) release clause is required.
The Norwegian International had connections with Real Madrid, Barcelona, and Bayern Munich, however, he has made his decision to move to Manchester’s side where his father Alfie spent his former years as a midfielder.