Crystal Palace have struck an agreement with Real Betis to sign defender Chadi Riad, and a deal could be wrapped up this week.
That’s according to Mundo Deportivo, who report that Crystal Palace ‘already have an agreement’ in place on a €15m deal plus €2m in variables for the defender.
They will then sell Riad to Crystal Palace for the aforementioned €15m, before then being obliged to give 50% of the profit they’ve made on the player back to Barcelona. That will be €6m plus €1m in variables.
Betis have agreed to the transfer with Crystal Palace as they faced the prospect of Barcelona buying him back for €7m next year even if they had bought him this summer as planned.
Instead, they’ve ensured a better deal for themselves with the Eagles, who are wasting no time in strengthening Oliver Glasner’s squad.