Reports now indicate that Chelsea will be receiving 5 million pounds from Real Madrid for progressing to the UEFA Champions League final.
According to a report from the Telegraph UK, Chelsea is set to receive a substantial sum, estimated to be around five million pounds, as a bonus following Real Madrid's qualification for the UEFA Champions League final.
This bonus is part of the deal involving Eden Hazard's transfer to Real Madrid, despite the fact that the player retired from football seven months ago.
Why will Chelsea receive 5 million pounds from Real Madrid?
Real Madrid signed Hazard in 2019 for a package worth £130 million, including more than £40 million in add-ons based on his performance.
The latest add-on was triggered after Carlo Ancelotti's team advanced past Bayern Munich and came within one victory of winning the European championship.
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Hazard and Real Madrid agreed to terminate his contract last summer, and he announced his retirement in October. However, the terms of his transfer from Stamford Bridge remain in effect.
Chelsea will receive a relatively small amount compared to current transfer fees, but the windfall is still appreciated as they aim to comply with the Premier League's financial rules.
Chelsea received around £88 million upfront for Hazard, with the rest of the fee consisting of achievable bonuses, such as Real Madrid reaching major European finals.
Eden Hazard's retirement from football
On Tuesday, October 10, 2023, Eden Hazard, a football legend, announced on his social media that he would be retiring from professional football. This news came after his mutual departure from Real Madrid, leaving fans who were hoping for his return to club football in the 2023/2024 season disappointed.
He said, “You must listen to yourself and say stop at the right time. I was able to realise my dream, I have played and had fun on many pitches around the world. Thank you to everyone for these great times, I will miss you all.”
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