Sporting confirms Paulinho’s termination clause: commercial data sent to CMVM – Sporting

Sporting communicated to the CMVM the details of the agreement with Sp. Braga, with emphasis on Paulinho’s high termination clause: 60 million euros.

Let’s remember, Paulinho signed a contract with the lions until the end of the 2024/2025 season, an agreement reached on the last day of the winter market that took Sporar and Borja to Braga.

Sporting announcement to CMVM:

“SPORTING CLUBE DE PORTUGAL – FUTEBOL, SAD (hereinafter Sporting SAD or Sociedade) informs, in the terms and in order to comply with the information obligation derived from the provisions of article 248-A of the Portuguese Securities Code, which reached an agreement today with Sporting Clube de Braga – Futebol, SAD, in the following terms:

1. The definitive acquisition of the sports rights and 70% of the patrimonial rights of the player João Paulo Dias Fernandes (Paulinho) for € 16,000,000.00 (sixteen million euros), with which a contract of sports work valid for five sports. seasons, that is, until June 30, 2025, providing for a termination clause amounting to € 60,000.00.00 (sixty million euros). The value of the solidarity mechanism due to
Third clubs will be supported by the acquiring club.

2. The definitive sale of the sports rights and 100% of the patrimonial rights of the player Cristián Alexis Borja González, for the amount of € 3,000,000.00 (three million euros). The amount of the solidarity mechanism owed to third clubs will be borne by the acquiring club.

3. The temporary transfer of the player Andraz Sporar until the end of the 2020/2021 sports season ”.