Man City missed out on inserting ‘Jadon Sancho clause’ into deal when they sold Cole Palmer to Chelsea for £42.5m
MANCHESTER CITY missed out on inserting a sell-on clause in Cole Palmer’s transfer to Chelsea, according to reports.
City did so when they sold fellow academy product Jadon Sancho to Borussia Dortmund for £8million in 2017.
The 15 per cent sell-on-clause included in the transfer meant they earned a chunk of the £73million Manchester United paid for Sancho in 2021.
But there will be no such repeat of that if Chelsea are to sell Palmer in the future.
According to The Daily Mail, City were happy to accept the £40m up front for Palmer, plus the £2.5m in potential add-ons.
As an academy product, the sale can be listed as profit in City’s books and the deal was seen as good enough not to not require further negotiation on a sell-on clause.
City have reaped the benefit from other deals in the past, including when Spurs signed Pedro Porro from Sporting for £42million in January.
They also had a 20 per cent clause on Romeo Lavia, who joined Chelsea this summer from Southampton for £58million.
Chelsea were said to be pleasantly surprised that no clause was inserted in their deal for Palmer, whose start to life in a Chelsea shirt has made the fee look like a bargain.
Palmer has established himself as a regular in Mauricio Pochettino‘s first XI, scoring four times in his six league starts for the side.
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The 21-year-old earned his first call-up to Gareth Southgate‘s England side this international break and made his debut against Malta.
Palmer is expected to start again for Chelsea in tomorrow’s clash against Newcastle as Chelsea look to continue their good form following on from a difficult start to the season.