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Manchester United could see their transfer budget boosted | Manchester World
Man Utd will receive a boost to their summer transfer budget with a deal in place.
Manchester United could earn roughly £6 million from the proposed sale of former player Anthony Elanga to Newcastle United. The 23-year-old has been the subject of strong interest from Eddie Howe's side all summer, and it is understood a deal has now been agreed for his sale.
In a social media update on Monday night, transfer expert Fabrizio Romano uttered his famous catchphrase to all but confirm a transfer was now completed. "Anthony Elanga to Newcastle, here we go! Deal in place club to club with Nottingham Forest for £55m," he posted. Agreement also in place with player’s camp on long term deal. Excellent addition for #NUFC."
Romano then provided a brief update on the deal again on Tuesday morning. He wrote: " Newcastle have already booked medical tests for Anthony Elanga. It’s all done and agreed as exclusively revealed last night." The final payment structure of the deal will have a bearing on how much money United receive, with their sell-on clause based on the overall profit Forest makes from the sale.
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How much United could make from Elanga sale
Manchester United included a sell-on clause when they allowed Anthony Elanga to join Nottingham Forest for £15 million two years ago. The 23-year-old was not viewed as a key figure by Erik ten Hag and was told he could find a new club as he searched for regular playing time.
It turned out to be a very good move for the player. Elanga featured in every one of their Premier League matches last season, scoring six goals and notching 11 assists, as they finished seventh and secured qualification for the Conference League.
United never disclosed the specifics of the sell-on clause, but it is understood to be worth 15 percent of any profit made. It means if Newcastle sign Elanga for the proposed £55m fee, United would be entitled to a share of the £40m difference when you subtract the cost of signing him, rather than the overall deal. It would equate to a fee in the region of £5.25m to £6m, depending on how much Newcastle pay upfront.
United have aimed to become smarter with sales in recent years and have been prepared to allow players to leave for reasonable transfer fees, with the real value represented by various sell-on clauses included in the deals. It means that even though some players have left for relatively cheap initial fees, they could hand United a huge financial boost further down the line once they are sold again.
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