Official: Dortmund Confirms The Sale Of Jude Bellingham To Real Madrid

Sequel to stories of an agreement in principle with Real Madrid, Borussia Dortmund has confirmed the sale of their most prized asset, Jude Bellingham to the club.

Bellingham is set to sign a deal until June 2029, and Real Madrid will pay €103m + add-ons for the English midfielder.

The official statement from Dortmund’s website reads in part: “The player Jude Bellingham is about to transfer from Borussia Dortmund to Real Madrid. The parties have reached an agreement on the merits of this today. The contractual details still have to be coordinated and documented. The realization of the transfer is also subject to proper and timely processing in accordance with the provisions of the FIFA Transfer Matching System (FIFA TMS).

“Real Madrid will pay BVB fixed transfer compensation of EUR 103.0 million if the transfer is implemented. In addition, the payment of variable transfer fees up to a maximum total amount of around 30% of the amount of the fixed transfer fee was agreed. The variable transfer fees are dependent on the achievement of certain sporting achievements by Real Madrid and/or sporting achievements or performance by the player at Real Madrid over the next six seasons.

“As a result, the management expects a positive minimum effect on the key earnings figures (EBITDA, EBIT) for the 2023/2024 financial year in the order of around EUR 77 million. This amount may increase subject to the occurrence of conditions agreed upon for the payment of variable transfer fees.

“Due to the opening of the international FIFA transfer window from July 1, 2023, and, among other things, other regulatory association requirements, the transfer business will not fall into the current 2022/2023 financial year, but into the 2023/2024 financial year.”