Erling Haaland’s Manchester City contract has two separate release clauses for 2024 and 2025
Erling Haaland’s current Manchester City contract includes two different release clauses for 2024 and 2025.
City finalised the signing of Norwegian attacker Haaland last month after agreeing to pay his £64 million release clause to Borussia Dortmund.
The 21-year-old forward has agreed to a five-year contract at the Etihad worth a reputed £375,000 per week, tying him with Kevin De Bruyne as the club’s highest earner.
After lengthy talks, Haaland, who had been highly linked with a move to La Liga champions Real Madrid after impressing in the Bundesliga, chose to join his father’s former club.
Despite his recent transfer, the Spanish media continues to follow Haaland’s movements.
According to Marca, the striker has two release clauses in his new deal at the Etihad, with the amount varying depending on the year they are activated.
It is reported that clubs will be able to sign Haaland for €200 million at the end of 2024, which would be the end of his second year with Manchester City.
Then, at the end of his third year of contract, in the summer of 2025, a club will have the option to sign him for €175 million.
Having said that, a club cannot immediately activate these figures.
Although they are not mentioned, the availability of these release clauses in Haaland’s contract is connected to Manchester City meeting minimal sporting objectives.
According to the Marca article, after Haaland has fulfilled these objectives during his time at the Etihad, the player will be able to terminate his contract under either of the release clauses.
In addition to the information provided above, the Spanish daily AS claims that Real Madrid will attempt to replace Karim Benzema in 2024 with Haaland, who will have a €200 million release clause in that summer window.
Away from the long term, Haaland is eager to get started at his new club.
“This is a proud day for me and my family,” he told Manchester City’s website after penning a five-year deal.
“I have always watched City and have loved doing so in recent seasons. You can’t help but admire their style of play, it’s exciting and they create a lot of chances, which is perfect for a player like me.
“There are so many world-class players in this squad and Pep is one of the greatest managers of all-time, so I believe I am in the right place to fulfil my ambitions.
“I want to score goals, win trophies and improve as a footballer and I am confident I can do that here. This is a great move for me and I can’t wait to get started in pre-season.”
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Erling Haaland’s Manchester City contract has two separate release clauses for 2024 and 2025