Endrick’s summons to the Brazilian national team marks a significant financial windfall for Palmeiras. Embedded in their contractual agreement is a provision that ensures the club receives due compensation whenever Endrick dons the national colors.
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Palmeiras has already reaped the rewards of their talented player as Real Madrid fulfilled a fixed payment of 35 million euros (equivalent to roughly R$182 million). The initial portion, a hefty 17.5 million euros, was deposited in January, with the balance set to follow in 2024, coinciding with Endrick’s transition to the Spanish powerhouse.
Beyond the guaranteed sum, Real Madrid has committed to potential bonuses, extending up to 25 million euros (approximately R$130 million). These bonuses hinge on Endrick’s on-field exploits, spanning goals, appearances, and call-ups to the Brazilian national team.
Palmeiras further benefits from a goal-triggered clause, where every five goals netted by Endrick translates into an additional 2.5 million euros (roughly R$13.1 million). The young prodigy notched his tenth goal in a historic showdown against Botafogo, activating this clause and injecting over R$26 million into Palmeiras’ coffers for the second time.
Ai, ai, Endrick… QUE PINTURA! 😮💨#AvantiPalestra pic.twitter.com/nZyjmOq0xi
— SE Palmeiras (@Palmeiras) November 5, 2023
Palmeiras profit from Endrick’s call-up to the Brazilian team
Endrick’s call-up to the Brazilian team is an added financial boon, contributing another 1.5 million euros (R$7.8 million) to Palmeiras’ burgeoning earnings. Consequently, the club’s total revenue from Endrick’s endeavors tallies up to approximately R$124.8 million, a figure set to rise to R$215 million with the impending installment.
The close of Endrick’s sale could ascend to 60 million euros (R$312 million), encompassing the termination fee specified in the striker’s contract. Palmeiras stands to gain 70% of this amount, with the remaining 30% allocated to Endrick and his family. Notably, the club forfeits any claim to a percentage in potential future transfers, solely relying on the trainer solidarity mechanism for future remuneration.
Samba Gold 2023: Open voting!
Voting for the Samba Gold Award 2023 is now open. Choose your favorite in the men’s, women’s and under-20 categories!
