Manchester City were successful in beating competition from top clubs across Europe in securing Erling Haaland’s services.
The Citizens took the striker from Borussia Dortmund and he signed a five-year deal at the Etihad back in June.
He scored a brace in his Premier League debut against West Ham United and registered an assist in Manchester City’s 4-0 win over AFC Bournemouth last weekend.
Dagbladet on Saturday have shared the details of the agreement between the Premier League winners and the German club.
It’s claimed Manchester City will not pay a ‘single euro’ to the Bundesliga side before July 2023. Pep Guardiola’s side will pay the fee in four instalments and Dortmund will ‘not have all of the funds’ before 2026.
“We received no payment at the time of sale. The reason for that is the agreement that has been concluded between Manchester City and Borussia Dortmund. We are entering the income this year, but the money will not arrive until July next year,” Bryne general manager Hans Øyvind Sagen told Dagbladet.
The newspaper claims the fee is ‘significant’ for clubs such as Bryne, who are battling in the second division of Norwegian football.
“We will receive around NOK 10 million [~€1m], depending on the euro exchange rate. This is a huge bonus for us. We will get the biggest share, but Molde, Red Bull Salzburg,”,” the Bryne chief added.
Hans Øyvind Sagen stressed the deferred payment from Manchester City means Bryne have to ‘gamble on the fluctuations of the euro exchange rate’.
“We have the opportunity to secure a claim at today’s euro exchange rate. But must make an assessment on whether we think the euro will go up or down,” he explained.
“If we do not secure the money and the euro exchange rate plummets, we will come out badly. At the same time, we may risk losing money if the exchange rate rises – and we choose the safe solution.”
