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Bayern Munich will receive a €10m loan fee for Mathys Tel’s move to Tottenham and could be in for a ‘real windfall’ from the loan move in future.

That’s according to Sport BILD, relayed by FCB Inside, who cover the deadline day move today and the finances behind it.

They explain that Tel completed his move to Tottenham on Monday, with the initial deal taking him to London on a six-month loan deal. That includes a purchase clause, as has already been reported.

SportBILD go into the finer details on that today, explaining that Bayern Munich will receive a loan fee of up to €10m for Tel.

They then explain that initially a ‘pure loan’ had been planned but Tottenham insisted upon a purchase option being included. Bayern had previously stipulated that should be worth €60m so it was inserted into the deal.

Thus, they could earn up to €70m if Spurs buy him permanently. Considering they paid €20m to sign the youngster, they’re potentially set for a huge profit.

Tottenham’s outlay will be more though as they are paying Tel’s entire wages for the next five months. He earns around €4m annually so Tottenham will have to pay around €1.67m to him. That’s another positive for Bayern as it’s another saving on their part. If Tel does sign on a permanent basis his contract will run to 2031.

Everyone at Bayern seems pretty pleased with themselves and consider the deal a good one, but Lothar Matthaus isn’t impressed in the slightest.

“The Tel issue has been a kind of misunderstanding for me for two years,” he wrote in his column for Sky Germany.

“He was hyped at the beginning, showed his class under Tuchel and scored goals, but he didn’t have the chance to prove himself after that. Not under Tuchel, not under Kompany either.

“Uli Hoeneß said that they wanted to develop young players, but then they would have had to sell one or two players in Tel’s positions. (…) He was mostly just the fifth wheel on the wagon and therefore totally unsettled.

“The latest development surrounding Mathys Tel shows what a drama the whole thing is. There is no clarity, no clear statements. First, they wanted to sell him, now they’ve loaned him out.”