30.3 C
Accra
Tuesday, May 28, 2024
SportsChelsea set to receive a financial boost from Real Madrid for Eden...

Date:

Chelsea set to receive a financial boost from Real Madrid for Eden Hazard even after retirement

spot_img

Chelsea are set to receive a financial windfall from Real Madrid due to the terms of Eden Hazard’s 2019 transfer.

Despite Hazard leaving Madrid last summer and subsequently retiring, the agreement continues to benefit Chelsea.

- Advertisement -

Real Madrid had agreed to a package worth up to £130 million when Hazard moved from Stamford Bridge.

Of this amount, £88 million was guaranteed, with an additional £42 million tied to various add-ons, some of which were not directly related to Hazard’s performance.

- Advertisement -

According to The Daily Telegraph, even though Hazard is no longer at Real Madrid, the club’s advancement to the Champions League final has triggered a £5 million add-on payment to Chelsea.

These add-ons remain valid because Hazard’s original five-year contract, signed in 2019, would have expired at the end of this season.

- Advertisement -

Hazard left Real Madrid by mutual consent last summer and retired a few months later.

Nevertheless, Madrid’s ongoing success continues to incur costs related to his transfer.

Chelsea clearly benefitted from the 2019 deal. They had signed Hazard for £32 million in 2012, and he delivered 110 goals in 352 appearances, helping the club secure six trophies, including two Premier League titles.

Selling Hazard at 28 yielded a substantial profit, particularly as he became one of modern football’s biggest transfer flops at Madrid due to persistent injuries.

For their significant investment, Real Madrid received only seven goals in 76 appearances from Hazard over four seasons. By contrast, he scored 21 goals in his final year at Chelsea alone.

This summer, the 33-year-old Hazard will return to Stamford Bridge as part of the Soccer Aid World XI, joining stars like Roberto Carlos, Diamond from the Gladiators reboot, and Tommy Fury.

Latest stories

KATH Labour Unions kick against dismissal of CEO

Labour unions at the Komfo Anokye Teaching Hospital (KATH)...

Oil prices stabilize as OPEC+ supply cuts offset interest rate worries

Global oil prices stabilized on Tuesday, with the potential...

Effutu: NDC concerned of potential manipulation after EC’s abrupt transfer

Effutu constituency branch of the National Democratic Congress (NDC)...

Lands Minister inspects progress work on Minerals C’ssion’s ultra-modern office in Ashanti regional

The nearly finished ultra-modern, multi-purpose office complex being erected...

Afronitaa, Abigail spotted with Fuse ODG in London

Ghanaian-British musician Fuse ODG was recently seen in London...

Chamber of Mines appoints Micheal Akafia as new president

The Ghana Chamber of Mines has named Michael Akafia...

Related stories

Jordan Ayew follows father, brother as he goes bald; see his new look

Following in the footsteps of his older brother Andre...

Kotoko coach so happy to beat Hearts of Oak back-to-back; calls it a big achievement

Asante Kotoko's head coach, Prosper Narteh Ogum, expressed his...

Charles Taylor calls for dissolution, relegation of Hearts of Oak

Former Hearts of Oak forward Charles Taylor expressed his...

Egnatia honors Raphael Dwamena following debut league win

Egnatia Rrogozhine paid a heartfelt tribute to the late...

No challenger! Stonebwoy congratulates Ghana’s amputee team after AAFCON triumph

Multiple award-winning dancehall artist Livingstone Etse Satekla, known by...

Saddick Adams names Akufo-Addo as one politician who has disappointed him the most

Award-winning sports journalist Saddick Adams has expressed his deep...

LEAVE A REPLY

Please enter your comment!
Please enter your name here