Arsenal are set to receive 20% of Jeff Reine-Adelaide’s transfer fee to join Olympique Lyonnais, rather than the 10% previously reported.
As Reine-Adelaide edged closer to an Angers exit, reports suggested Arsenal held a 10% sell-on clause for the 21-year-old.
The Gunners also had a matching clause, meaning that from the date of Angers agreeing on a fee to sell, Arsenal had 14 days to decide whether to match the fee and buy the player back instead.
With Lyon confirming the signing of Reine-Adelaide on Wednesday, it’s clear Arsenal decided not to utilise their matching option. However, various sources have now confirmed the sell-on clause is actually higher than previously claimed.
Reports suggest Reine-Adelaide’s transfer fee was a base €25m (£23m) with between €2.5m and €5m in bonuses. That means a minimum of £4.6m in the bank for Arsenal.
The club also made around £4.35m for Ismael Bennacer’s transfer from Empoli to AC Milan this summer, so their sell-on clauses are working out pretty well right now.