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Sports News from Wednesday, February 20, 2019
Source: GHANAsoccernet.com
2019-02-20
Emmanuel Boateng
China's Dalian Yifang is due to pay Spanish club Levante the entire 11 million euro transfer before the end of the month if it completes the signing of Ghanaian winger Emmanuel Boateng.
The deadline for transfer to China to be completed by the end of the month, Yifang must find the money for the player, considered by the best sportsbook sites as the star to improve the club's fortunes.
The 22-year-old at the Chinese Super League club is about to collapse after failing to meet Levante's financial requirements for Yifang to pay the full $ 11 million transfer. euros in cash.
Boateng has successfully pbaded medical tests in anticipation of his transfer to the Blue Hawks last week in Madrid, but the move is stalled due to disagreement over terms of payment.
The Ghanaian international has now returned to the La Liga club to train until the logistics are settled.
The Chinese Premier League club has decided to donate 11 million euros to the Ghanaian international, which will benefit from a three – year contract worth 3 million euros. per year.
Boateng will not sign the deal for the Chinese club until the standoff is resolved, but given the imminent deadline, Levante does not want to let him go without his financial requirements being met.
"Our guarantee is that they pay in cash or in the absence of a transaction," said Levante President Quico Catalán.
In China, for all football transfers greater than 7 million euros, clubs are taxed at 100%, which proves prohibitive for Chinese who have to pay 22 million euros. They must pay the full amount of the transfer.
This legal requirement imposed by the Chinese government overturned the club's action for Napoli's captain, Hamsik, after Dalian Yifang failed to secure the terms of payment.
Levante paid € 2.9 million to sign Boateng on the Portuguese side Moreirense in 2017.
Boateng enjoyed tremendous success in Spanish football in their team's 5-4 win over Barcelona last season, with a hat-trick in the game.
In 2017, he joined Levante UD from Portuguese club Moreirense for a transfer amount of about 2.9 million euros.
He scored eight goals with two badists in 48 appearances with Levante UD during his stay.
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Courtesy of GHANAsoccernet.com – The main website of information on football in Ghana. Click for more news. |
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