Celtic are looking at receiving a significant financial boost, thanks to the potential transfer of former player Jeremie Frimpong. Reports suggest that the right-back is expected to leave Bayer Leverkusen next summer, a move that could net Celtic a substantial sum.
According to the terms of Frimpong’s sale, Celtic is entitled to 30% of the profit from his next transfer. With a release clause set at €40 million in his contract, Leverkusen’s profit could be considerable [Record Sport]. Sky Sports Germany has reported that Leverkusen anticipates Frimpong’s departure at the end of the season. The 22-year-old has garnered attention from several top European clubs, including previous links to Manchester United.
Frimpong’s potential exit comes at an opportune moment for both Leverkusen and Celtic. Leverkusen, having recently extended Frimpong’s contract until 2028, seems to be positioning for a profitable summer sale. Celtic, who acquired Frimpong from Manchester City for a modest £350k in 2019 and later sold him for £11.5m in January 2021, stands to gain financially from the deal.
Journalist Florian Plettenburg commented on the situation, tweeting: “News Jeremie Frimpong: Leverkusen expect him to leave the club in 2024. The 22 y/o is also very keen on a transfer. He has a release clause of €40m in the summer! Incredible season again. Best Bundesliga right winger/right-back at the moment: 6 goals and 7 assists in 17 matches yet.”
Frimpong’s impressive performance this season, marked by 6 goals and 7 assists in just 17 matches, underscores his value and the keen interest he has attracted. His transfer could not only benefit Leverkusen but also significantly enhance Celtic’s transfer budget, providing a welcome financial injection for the the Hoops.