How much will Milan earn from Tonali’s €116m record transfer to Tottenham?

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Sandro Tonali is set to become the most expensive Italian footballer of all time once his move to Premier League side Tottenham Hotspur is complete, but how much will his former club Milan earn from the deal?

According to reports from various outlets in Italy and the UK, Tonali will join Tottenham from Newcastle in a deal that will make him the most expensive Italian footballer in the history of the sport at a reported cost of €116m (£99.5m) including bonuses.

According to the latest updates from Calcio e Finanza, around €108m of that will be in fixed fees.

Tonali has been spotted at the airport in Milan and is now on his way back over to the UK to complete his record-breaking move to North London. He will also become Spurs’s most expensive signing of all time.

Milan entitled to 10% of Tonali profits, not of the total transfer fee

When Tonali joined Newcastle in the summer of 2023, his former club Milan negotiated a 10% sell-on clause, but according to the latest reports from Calcio e Finanza, Milan are entitled to 10% of the capital gains made from Tonali’s next transfer, not 10% of the total transfer fee.

Tonali joined Newcastle at a cost of €60.8m, and according to Calcio e Finanza, his residual value is currently around €27.5m. With Newcastle set to bring in €108m in guaranteed fees from the midfielder’s next move to Tottenham, they are set to record a capital gain of around €80.4m.

Milan are entitled to 10% of that €80.4m fee, slightly above €8m, but will also receive another €1.62m in solidarity contributions. That is a fee reserved for the clubs that trained the player between the ages of 12 and 23.

So, the exact amount that Milan will receive from Tonali’s move to Tottenham comes out to €9.66m according to the football finance experts at Calcio e Finanza.