Sporting reveal details of Luis Guilherme’s arrival: Check out the figures | OneFootball

Sporting officially informed the Portuguese Securities Market Commission (CMVM) last Sunday, January 4th, of the purchase of Luis Guilherme’s rights from West Ham for 14 million euros, an amount that could rise to 17 million depending on objectives to be achieved by the player at Alvalade.

Additionally, the green and whites also announced that the Premier League club will be entitled to 15% of a future transfer of the 19-year-old Brazilian winger, who has already given his first statements as a Sporting player.

In the document sent to the CMVM, it is further explained that Sporting and West Ham will split the solidarity mechanism payment due to third-party clubs. Furthermore, as announced by the Lions during his presentation, the contract is valid until June 2030 with an 80 million euro release clause.

See the official statement below:

"SPORTING CLUBE DE PORTUGAL – FUTEBOL, SAD (hereinafter Sporting SAD), in compliance with the obligation to provide information as set out in Article 17 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April, hereby provides the following information to the market:

Sporting SAD has reached an agreement with West Ham United Football Club Limited (hereinafter referred to as West Ham) regarding the definitive acquisition of the sporting rights of the player Luis Guilherme Lira dos Santos (hereinafter referred to as “Player”), for a total fixed amount of €14,000,000.00 (fourteen million euros), which may be increased by a conditional total amount of up to €3,000,000.00 (three million euros), depending on the achievement of certain objectives related to the sporting performance of the Player and Sporting SAD. West Ham has secured the right to receive 15% of the capital gain from any potential future transfer of the Player.

It is further informed that the solidarity mechanism payment due to third-party clubs will be equally covered by Sporting SAD and West Ham.

It is also reported that a sports employment contract has been signed between Sporting SAD and the Player, valid until June 30, 2030, with a release clause of €80,000,000.00 (eighty million euros)."

This article was translated into English by Artificial Intelligence. You can read the original version in 🇵🇹 here.