Manchester City set for mammoth eight-figure cash windfall through Tottenham transfer

Tottenham Hotspur could earn Manchester City a significant cash windfall through their pending deal for Sporting Lisbon full-back Pedro Porro.

Officials at the North London club have been intent on signing the Spain international for a number of weeks now, and are hopeful that they can strike an agreement for the player in the coming 24 to 48 hours.

As per the latest reliable information on the situation, courtesy of Fabrizio Romano, Tottenham are currently ‘tying up the final bits and pieces’ of a deal, with terms now being the last step as a €45 million transfer fee for the player could be paid in three or four instalments.

Manchester City will almost certainly have been watching this saga unfold closely over the past few days, as the Premier League champions hold a financial interest in regards to the transfer fee agreed between Tottenham and Sporting Lisbon.

Pedro Porro left City for the Portuguese giants in May 2022, while officials at the Etihad Stadium included a number of favourable clauses into the deal given the player’s high-regard in European football, and his strong potential in the game.

At the time, Sporting had triggered an €8.5 million buy-option to secure the player on a permanent deal from Manchester City, with a €45 million release clause immediately embedded in the player’s new contract.

However, Manchester City were wise enough to include a €20 million buy-back clause of their own, should they wish to sign the defender back at any moment during his time in Portugal. Furthermore, City also included a 30% sell-on clause for anything above the €8.5 million they sold him for.

That means, that from a deal between Tottenham and Sporting at the €45 million mark, City will take home approximately €11 million from the deal.

That will take Manchester City’s total earnings from sell-on clauses this week to upwards of €15 million, after it was also confirmed that Ivan Ilic would make a move from Hellas Verona to Olympique Marseille.

In that deal, City included a 25% sell-on clause, and as such would take around €4 million from the agreed €15 million fee between the two clubs.

The Premier League giants are expected to have a busy summer transfer window of their own in the coming months, with a number of positions identified for a refresh or further improvement, include full-back and central midfield.