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read up on Atletico's insanely shady and risky business practices from Football Leaks, btw

it's very likely that they brought in lots of outside financing on this deal too
 

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Joao is a great prospect, the money is a lot no doubt but looking at the values that go around nowadays nothing strange really...insanity in footy transfers has become the norm and no one seems interested in finding out where the millions come from
 

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I would rather see him moving to city as was rumoured, but hopefully he has the balance to handle the amount of pressure he will be under
 

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Atletico spending Barca/Real kinda money. Are they getting more TV rights money? New stadium generating more cash? Anyhow it's good that they are showing ambition.
 

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Also is this kid some kind of pressing machine. Its really a weird decision from his entourage too. Young attacker going to an extremely defensive side.
 

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Atletico spending Barca/Real kinda money. Are they getting more TV rights money? New stadium generating more cash? Anyhow it's good that they are showing ambition.
third-party ownership is very common with Atletico's players...for example they sold 40% of Saul Niguez rights for only €1.5M back in the day.

I'm not sure what the situation is with Felix...I heard they have banned third-party ownership in Portugal and Spain since 2015 so you'd think younger players are not affected by it. but who knows, there might be some legal loopholes.
 

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Not saying football money is not shady but pure cash wise they are going to sell Griezmann for around same amount.
SALES

Lucas: €80 million (€2 million to Rayo Majadahonda)
Antoine Griezmann: €120 million (20% to Real Sociedad)
Rodrigo: €75-80 million* (10% to Villarreal)
Vietto: €7,5 million (50% sell-on)
Mensah: €1,8 million

They've also liberated a good €20 million in terms of wages with the sale of these players plus Godín, Juanfran and Filipe Luís (likely) despite signing Felipe, Joäo Félix, Héctor Herrera, Marcos Llorente and Renan Lodi.

*Manchester City probably have to pay over Rodrigo's clause (€5-10 million) in order to avoid paying the whole clause in one major payment. Atlético will pay €6 million over João Félix's clause for the same reason. Nobody pays more than €50-55 million in one payment - not even City or PSG.

They're still waiting for Monaco to sign Gelson Martins. Bought for €22 million, sold for €30 million (+€8 million).

Atlético will probably make another €105-140 million if they end up selling Correa, Vitolo, Kalinić, possibly Diego Costa (Simeone wants him to stay) and maybe Arias. That could liberate up to €20 million more in wages.

read up on Atletico's insanely shady and risky business practices from Football Leaks, btw

it's very likely that they brought in lots of outside financing on this deal too
If you think that's shady, then you'd probably die of an heart attack if you knew what the ownership family and Cerezo have been doing since 1987. They acquired this club illegally for an example. They're the masters of prescribed matters.

They're far from alone to do these things in the World of football though. You just need reliable political contacts and be able to return favors in order to succeed.

Money laundry is everywhere in football.

Atletico spending Barca/Real kinda money. Are they getting more TV rights money? New stadium generating more cash? Anyhow it's good that they are showing ambition.
Atlético's NET SPEND is 0 since Jesús Gil and his family took over the club in 1987. Only in two seasons have they actually made an investment which they immediately took back: 1997-1998 and 2018-2019. They only invested a bit of money last year because they had earned some of it thanks to sporting results over the course of Simeone's time at the club.

The club is earning €100-110 million in terms of TV-rights money per year apart from the €60-70 million they get from participating in the Champions League annually.

The new stadium generates around €20-30 million more in terms of yearly revenue and you can add another €30-50 million to the Champions League earnings because they hosted the final this season. The final sum depends a little bit on the expenses they had for security.

They're also in the end of a very complicated process (which has lasted for 15 years) to sell the territory where the old Mahou-plant and Vicente Calderón were. €180 million which'll finance an important part of the immediate costs of the new stadium, the building of new training facilities and a small part will go to transfer fees.

How do these Portuguese teams do it? Good grief.
Benfica's president promised their shareholders he wouldn't sell the player under €120 million. Atlético wanted him at all costs because they're undergoing a generational change and believe in him. They also knew they could finance the deal without any issues because of how much money they'll be earning from player transfers this summer.

Atlético put Jorge Mendes to work (he'll get a 10% comission of the transfer) and once they had him on their side the rest was pretty much assured.

Also is this kid some kind of pressing machine. Its really a weird decision from his entourage too. Young attacker going to an extremely defensive side.
He'll get a chance to play in Griezmann's role under one of the best coaches around. He'd have tons of players ahead of him at Manchester City as a result of their wealth. Of course he's going to choose Atlético.

third-party ownership is very common with Atletico's players...for example they sold 40% of Saul Niguez rights for only €1.5M back in the day.

I'm not sure what the situation is with Felix...I heard they have banned third-party ownership in Portugal and Spain since 2015 so you'd think younger players are not affected by it. but who knows, there might be some legal loopholes.
They sold 40% of Saúl's and Koke's rights because they knew the players wouldn't push for transfers. That money gave them the opportunity to make short-term payments to the Spanish Taxman (Hacienda) in a goal to reduce a tax debt of over €210 million. This was in the beginning of Simeone's time at the club. That tax debt is more or less paid off thanks to smart transfers, financial engineering and lots of sporting success..and the players still continue to play their football at Atlético. Their rights have since been bought back because they didn't accept QSI's attempts to sell the players (a clause in the contracts said so).

Third party ownership is banned all over the World but the practice continues, just in another shape and form. Clubs just agree to a sell-on fee when they do transfers with other clubs.
 
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