Juventus make public how much they are paying Newcastle United for Lloyd Kelly – Full breakdown | OneFootball

Juventus confirmed on Monday night that Lloyd Kelly had signed for them.

The Serie A club also giving a full breakdown of all the payments that are set to be made to Newcastle United.

Those financial details contained in the official release below.

Lloyd Kelly moving to Juventus after only seven months with Newcastle United.

Juventus official confirmation of details on the Lloyd Kelly deal – 3 February 2025:

‘Agreement with Newcastle for the acquisition of the player Kelly

Turin, 3 February 2025

Juventus Football Club S. p. A. announces that an agreement with Newcastle United Football Club for the temporary acquisition, until 30 June 2025, of the registration rights of the player Kelly Lloyd Casius has been reached for a consideration of €3 million (approx £2.5m) for sporting season 2024/2025, with additional costs of up to €0.8 million (approx £0.66m).

The agreement further entails the obligation for Juventus to definitely acquire the player’s registration rights, subject to the achievement of certain sporting objective during the season 2024/2025. The agreed consideration for the definitive acquisition is €14.5 million (approx £12.0m), payable in three financial years, with additional costs of up to €2.7 million (approx £2.24m). This consideration may be increased up to a consideration of €6.5 million (approx £5.4m) over the duration of the player’s contract, upon the achievement of further performance objectives.

Given the high probability of the conditions for the player’s acquisition being achieved, this transaction for accounting purposes, qualifies as a definitive effective acquisition from today for a total amount of €17.5 million (approx £14.5m), plus additional costs. It should be noted that the final evaluations about the accounting recognition of the transaction will be performed for the preparation of the Annual Financial Report as of 25 June 2025.’