Jadon Sancho has signed for Chelsea from Manchester United.
Chelsea had until 1am to complete the transfer after submitting a deal sheet before the 11pm deadline.
The England international joins on an initial loan with the west London club having an obligation to make the switch permanent next summer for a fee in the region of £20million to £25m depending on performance milestones.
The 24-year-old will then be expected to sign a long-term contract at Stamford Bridge.
Welcome to Chelsea, Jadon. 💙 pic.twitter.com/bzm8hxueAM
— Chelsea FC (@ChelseaFC) August 31, 2024
Upon joining the...
Understand Chelsea won’t pay a loan fee for Sancho but the upside for Utd is that the large majority of his £250k-a-week wages will be covered and they are guaranteed a fee of up to £25m at the end of the season depending on Chelsea’s PL position #mufc
covering most of his wages means around 10m saved for this season.
20-25m income to cover the remaining of his book value with some profit for the next season and also 12m wages off the book for next season.
I think that salary bit is the biggest piece and would explain the lower selling price after the loan spell.
https://twitter.com/ChrisWheelerDM/status/1829895699753775106
covering most of his wages means around 10m saved for this season.
20-25m income to cover the remaining of his book value with some profit for the next season and also 12m wages off the book for next season.
I am personally just glad to be rid of him.