Leeds United will have to pay the full €21m, plus €340,000 in interest, for Jean-Kevin Augustin, but RB Leipzig have ‘made concessions’ regarding the payment terms.
That’s according to BILD, who cover the deal between the two clubs today that finally brings their two years dispute to an end.
For those not in the know, Leeds owed Leipzig €21m following Augustin’s unsuccessful loan spell at Elland Road in 2020.
That deal included a clause for Leeds to sign him on a permanent basis if they were promoted to the Premier League that year, which they were.
However, they argued the clause was invalid due to the break caused by the Coronavirus pandemic, which meant the season ended after the date set for the clause to be activated.
They believed that invalidated the agreement, refusing to pay the €21m despite being ordered to by FIFA. The case was taken to the Court of Arbitration for Sport, who ruled in Leipzig’s favour a month ago.
Leeds and Leipzig have since announced an agreement between the two clubs, refusing to disclose the details of it to the public. That is what BILD now do, somewhat.
According to their information, this agreement has not seen Leipzig ‘waive a cent’ of the original €21m they were owed or the €340,000 interest they had claimed in interest on the arrears.
Instead, they have been ‘accomodating with the payment‘ terms that Leeds are bound by. What this means specifically isn’t mentioned but the suggestion seems to be that Leeds have been given a favourable period or instalments to settle the debt.
Whatever it is, it’s finally brought an end to this long running dispute, which has run for nearly three years.
