Kevin De Bruyne Extends Man City Contract - Dovesportnews

Breaking News

Thursday 21 December 2017

Kevin De Bruyne Extends Man City Contract


Kevin De Bruyne's new six-year Manchester City contract will be paid in euros rather than pound sterling and will include a whopping €10 million signing-on fee, Goal has learned.

The midfielder's new contract will be signed off once City and the Belgian's agent agree on the valuation of his image rights.

The rest of the terms of the contract are already in place following months of talks, and they can now be revealed by Goal.

De Bruyne's basic wage will be the euro eqivalent of £200,000 per week (currently around €230,000) and will be topped up by various other bonuses and payments.

The midfielder's existing agreement is paid in pound sterling, but due to the fall in the valuation of the currency since the United Kingdom's European Union referendum in 2016, De Bruyne's agent, Patrick De Koster, has negotiated a switch to euros.

City want to acquire 100 per cent of De Bruyne's image rights in exchange for a yearly lump sum, and it is expected an agreement worth around £2m per year (20 per cent of the basic wage) will be reached at a meeting in early January.

A €10m (£9m) signing-on fee will paid over the duraton of the six-year deal, and once that and the image rights agreement is factored in, the 26-year-old's weekly wage will be worth roughly €300,000 (£264,000).

De Bruyne's pay packet will be boosted even further depending on other bonuses of varying achievability.

The most likely boost will come if the Belgian plays 60% of City's matches across a season. In previous years he has received a sum of £800,000 for reaching that milestone. It is understood he will receive around €1.37m (£1.2m) under the new agreement.

Under his old deal, De Bruyne would also receive an up-front £200,000 payment for winning the Ballon d'Or, plus an extra yearly pay rise of £400,000. It is believed that those figures would be upped to €396,000 (£350,000) and €735,000 (£650,000), respectively, in his new agreement.

De Bruyne would also have received a one-off payment of £50,000 and annual bonus worth the same amount for winning the Premier League Player of the Year award. Those figures will soon be upped to €85,000 (£75,000).

And he will benefit even further if he can inspire City to silverware this season.
What are your thoughts? Let us know in the comments section.

No comments:

Post a Comment