The worst kept secret in football was finally announced on Sunday. Mauro Icardi signed a contract with Paris Saint-Germain that will keep him at the club until June 30, 2024.
The news was posted on PSG’s official website and while the details of the contract were left out by the club, journalists made that information public.
— Paris Saint-Germain (@PSG_inside) May 31, 2020
According to RMC Sport, PSG and Inter Milan agreed on a fee of €50 million-plus a €5 million bonus. This is actually slightly less than what was reported just a few days ago but still makes Icardi the fifth-most expensive transfer in Ligue 1 history.
⚠ #PSG and Inter have come to an agreement over a deal for Mauro Icardi, RMC are reporting.
Fee = €50m + €5m bonus.
Clubs had until today to come to an agreement over the Argentine with respect to his loan agreement.
— Robin Bairner (@RBairner) May 31, 2020
Icardi spent the 2019-20 season at PSG on loan from Inter Milan. He scored 20 goals in 31 appearances and while his goalscoring did fade in the second half of the season, the opportunity to sign a player of his quality for that low of a transfer fee was too good to pass up.
Icardi’s loan initially had a €70 million option to buy clause, so even with the bonus, Leonardo, PSG’s sporting director, manager to negotiate a €15 million discount. That money can now be used to strengthen the squad elsewhere.
Unfortunately, the news of Icardi signing almost certainly spells the end of Edinson Cavani’s career at PSG as he’s out of contract as of June 30, and hasn’t received an extension yet. The club’s all-time leading scorer will be looking for a new team once the transfer window opens.
— PSG Tourist (@PSGTourist) May 31, 2020
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