The potential sale of Jota to Al-Ittihad is turning heads and could set a record for a transfer fee received by Celtic. Benfica, the Portuguese winger’s previous club, has a sell-on clause that will entitle them to a portion of the transfer fee or profit from the sale.

The details of this clause are not entirely clear, but either way, Celtic stands to make a profit [Phil Mac Giolla Bháin]

Phil Mac reports the deal is priced in US Dollars, with a fee of $37m, alongside add-ons of $7.5m and a further sell-on when Jota moves from Al-Ittihad. The total potential transfer fee could be about £29m, with add-ons around £5.9m, making it a record-breaking deal for Celtic.

Soccer Football – Champions League – Group H – Celtic v Real Madrid – Celtic Park, Glasgow, Scotland, Britain – September 6, 2022 Celtic’s Jota in action with Real Madrid’s Luka Modric Action Images via Reuters/Lee Smith

Celtic had made efforts to retain Jota, offering him a new contract that would have placed him among the top earners at the club.

However, the financial package proposed by Al-Ittihad far outstrips Celtic’s offer, amounting to roughly four times what the Scottish champions could provide.

Additionally, the Saudi club’s offer comes with the benefit of being tax-free, an aspect of the burgeoning trend of Saudi sports investment that is having significant impacts on player transfers globally.

Jota
Soccer Football – Scottish Cup Semi Final – Rangers v Celtic – Hampden Park, Glasgow, Scotland, Britain – April 30, 2023 Celtic’s Jota celebrates scoring their first goal Action Images via Reuters/Jason Cairnduff

The deal is still in progress and has not yet been finalised. Celtic fans are keenly watching developments, as the outcome could have significant implications for the the club’s finances and future transfer activity. The money could be used to make a statement signing by Brendan Rodgers.

4 COMMENTS

  1. It’s all business but with a potential bidding war about to take place for Jota’s signature, the fee could go up

  2. First of all, Celtic don’t have to sell Jota and shouldn’t be bullied into selling him! I understand his contract goes to 2027! Yes, he would be really disgruntled but not as much as the Celtic supporters! When will this stop, Celtic need to put a marker down and tell them Jota is not for sale, the other core members will be gone before you know it? Another rebuild in the offing!
    Celtic need to send a message to the potential buyers that! Core team is NOT FOR SALE! If they do want to sell him, put a a minimum 60 million fee on him and same for the other core players, slap a 100 million on Kyogo! I thought Brendan would have made that part of his deal of signing on…to keep the core players, apparently not!

  3. Cant blame him life changing money dare say angi knew this according scottish media half our team are been sold or wanted but we will bring in new players spl alright no matter the so called wirld class platers sevco are buying europing foitball must be shaking in its boots

    • Yes, life changing money indeed, Jack! I guess he’s taking it when he’s got the chance and he’s young! He’ll probably go there for 2 to 3 years then go to Real Madrid or dare I say it …Spurs!

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