NEWS
Wednesday April 17 2013
€6m triggers Kondogbia clause

Sevilla President Jose Maria del Nido has clarified the ownership situation with regards to Geoffrey Kondogbia, but says no transfers are planned just yet.

Kondogbia was yesterday speculated as the subject of bids from Real Madrid, Inter and Milan, with it also rumoured that his ownership issue could force Sevilla to take action.

Doyen investment group hold 50 per cent of the Frenchman’s rights for assisting in purchasing the player for the Andalucians last summer from Lens, for a total fee of €3.5m.

Reports believed that any bid of above €8m would require the club to automatically purchase Doyen’s share at half the rate, so €4m.

In looking to clarify that this clause exists and is in fact at a lower level, Del Nido today pushed that the club are not yet considering their movements for the summer transfer window. 

“We are not discussing the possible departure or arrival of any player because we still have the chance of getting into the Europa League,” the President told reporters today.

“We must focus on that goal. I congratulate the team for having not dropped their level despite having six or seven of their players followed by the biggest clubs.

“I love to talk about my players, but I’m not going to talk about any player until the end of the season.

“Sevilla hold 100 per cent of Kondogbia’s rights. No-one can talk to the player without our permission and he has four-and-a-half years left on his contract.

“It is true that with an offer of €6m, Sevilla are required to negotiate buying the remaining 50 per cent [from Doyen]. But, this has been the case with many players when they have come to be sold on.

“But for now, we are considering Atletico and then Valladolid [Sevilla’s next fixtures].”

Sevilla are thought to be in a position where they have to sell players in the summer to raise funds to offset a €50m debt that has been built up in recent seasons.

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