Endrick, the talented center forward, stands on the brink of a financial windfall for Palmeiras thanks to a lucrative deal with Real Madrid. Initially, the negotiations with the Spanish powerhouse were set at a respectable 35 million euros (equivalent to a staggering R$ 194.9 million). However, the final figure at the time of signing soared to an eye-popping 72 million euros, which translated to around R$ 400 million.
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Endrick’s recent goal during Palmeiras’ match against Bragantino has pushed his season tally to eight goals, leaving him tantalizingly close to the contractual milestone. With this, there is a potential for substantial bonuses under this contract and another 25 million euros to Verdão’s financial reserves.
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How did Endrick get so valuable for Palmeiras?
Endrick’s journey to these rewards began in June, with the attainment of five goals in a year earning him a substantial prize of 2.5 million euros (or approximately R$ 13 million at current exchange rates).
It is worth noting that in the 2023 season, he began as a Palmeiras starter, but as the year unfolded, he gradually ceded his place on the starting lineup. To date in 2023, he has taken to the field in 40 matches, starting 19 of them inan 8jd netting eight goals. Looking back at his professional career, the center forward boasts 47 appearances, 11 goals, and one assist.
Until his departure from Palmeiras in July 2024, Endrick’s ability to find the back of the net could potentially inject an additional 25 million euros into the club’s coffers, with approximately R$ 13 million earned for every five goals achieved.
Here’s the breakdown:
- Fixed sales value: 35 million euros (equivalent to a staggering R$ 194.9 million)
- Bonus for goals scored: 2.5 million euros (or approximately R$ 13 million)
- Cumulative guaranteed sum to date: A jaw-dropping R$ 207.9 million.
What sets this contract apart is its attainability, with most of the stipulated goals intricately tied to Endrick’s on-field performance for Verdão and his future exploits in Spain.
Does Real Madrid still want Endrick?
Yes. Real Madrid’s commitment to the acquisition of Endrick takes the form of two installments, with the first having been paid in January of this year, and the second installment slated for disbursement upon the striker’s arrival. However, due to legal constraints, his European adventure can only commence once he turns 18 in July 2024.
