Las Palmas to earn up to €25m for Pedri
- Barca will pay an initial fee of €5m for the transfer, plus €1.5m in possible bonuses.
- Las Palmas president revealed the fee could actually go up to €25m if Pedri progresses.
- Las Palmas are also entitled to 15% of his future sale.
On the transfer deadline day, Barcelona announced the signing of Las Palmas youngster Pedri. The Catalans are expected to pay €5m plus €1.5m in bonuses, with the player continuing with the Islanders until the rest of the season.
However, in a recent press conference, Las Palmas' president revealed the club might actually earn as much as €25m from his sale. Allegedly, there are several bonuses included in Pedri's transfer which all depend on his progress with Blaugrana. Moreover, Las Palmas are also entitled to 15% of his future sale.
Moreover, Barca and Las Palmas allegedly reached an agreement over the player back in June. The president also revealed there was a 'foreign club' ready to pay €9m upfront, but the Segunda Division side opted for Barca's offer because of the included bonuses.
Pedri signed a two-year contract with Barcelona with an option to extend it for two more years. After his loan at Las Palmas, the midfielder is expected to join Barca B, should they earn promotion to Segunda Division.
However, if the B team continue playing in Segunda B (third-tier), Pedri will either join the first team or continue for one more year on loan at his current club.
Pedri is considered to be one of the best starlets of his age. In July, he was offered a professional contract with Las Palmas which set a solid release clause.
He went on to make three senior appearances for the team and has drawn rave kudos from Las Palmas veteran, Jonathan Viera.
"He has something special, and a promising future awaits him," Viera admitted.
"It's been a long time since I've seen a player like that here."
Last season, the 16-year-old even scored 9 goals, alternating the games for Palmas' A and B youth sides.
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