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07-24 21:39Views 6044
Juventus have finalized the sale of Alberto Costa to FC Porto for a base fee of €15 million, payable over four financial years, with potential add-ons reaching up to €1 million. This transaction generates a profit for Juventus, as they acquired Costa from Vitoria Guimaraes in January for €13.8 million inclusive of add-ons. Costa made only 14 competitive appearances for Juventus, registering three assists.
Simultaneously, Juventus have purchased Joao Mario from FC Porto in a separate but linked deal. The fee for Joao Mario is €11.4 million, plus €1.2 million in ancillary costs.
While the two transfers (Costa out, Joao Mario in) are fundamentally connected, Juventus will account for them as distinct transactions. This separate accounting treatment is required because Juventus is a publicly traded company (floated on the stock exchange) and must provide precise financial details.
The net effect of these transactions is that Juventus gains Joao Mario and effectively makes a €3 million profit in the exchange.
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