Aaron Ramsey, Arsenal and Juventus announced on Monday that the Welshman will head to Turin in the summer when his Arsenal contract expires, but are they really paying him £400k-a-week?
We all knew it was happening but I’m not sure any of us expected an official announcement before the end of the season. A change, perhaps, in how the club has become less tight-lipped since the departure of Arsene Wenger and co.
David Ornstein was the first to report the news, claiming that the Welshman would become the highest paid British player in history, earning £400kpw, an astronomical sum that Arsenal would have got nowhere near.
When you break it down, however, it’s clear to see how Juve were able to offer that sort of money.
Over four years, £400kpw works out at £83.2m which is an awful lot of money but we have to remember there is no transfer fee. At 28, Ramsey is easily a £40m player but Juventus didn’t have to worry about paying that sort of transfer fee, so they were able to load it into his wages instead.
His agent will also pocket €9m for getting him to Italy on a free.
As we reported back in January, Ramsey underwent a two-part medical in Madrid at the same facility as Gonzalo Higuain before his move to the Old Lady in 2016 for £81m.
Ramsey will earn €7m-a-year, plus bonuses. That’s a basic salary of ‘only’ £118k in his hand before you factor in anything else.
Juventus also announced that ” As a result of the registration of the player, Juventus will incur additional costs of € 3.7 million, to be paid within 10th July 2019.”
Ramsey will become a Juventus player on 1 July, 2019.