Right after Manchester United announced the signing of Facundo Pellistri last night, his former side Peñarol held a press conference to talk about the sale.
Club president Jorge Barrera called the press to make the transfer as clear as possible, and ended up giving many interesting details on how things went.
“A player was being valued and we were certain of what money could enter the club in the case of making use of the release clause”, said Jorge Barrera.
“Today we announce that Facundo Pellistri is going to play for Manchester United and that the club are going to receive all of the provisions of the release clause; that is, 10 million dollars.”
Website Futbol Uruguay is the one bringing the quotes, and they add some information.
They claim the fee will be paid in two instalments. One next week and another in October 2021.
It’s claimed that there have been some issues in the past three days, since Manchester United couldn’t get a ‘bank guarantee’ to trigger the player’s release clause.
That’s why the fee was agreed between the clubs.
Facundo Pellistri used to have 20% of his own rights, but he wouldn’t get that in case his release clause was triggered, leaving it all to the Uruguayan side, which is why they fought to get 100% of the transfer.
So the player gave up on that percentage, and Peñarol are getting all of the US$10m in two instalments.
Instead of his 20% of this transfer, the agreement with Manchester United says Pellistri will now end up getting 20% of any capital gain made from a future transfer, which the same website explained here.
That’s why Peñarol claim they’ll have ‘the same income that was stipulated in the termination clause”‘.
