Juventus finished the biggest transfer this summer! Federico Chiesa arrives in Turin on the last day of the transfer window. The Italian offensive player is currently undergoing medical examinations and will be officially confirmed as a new player of the Old Lady by the end of the day.
The condition for his arrival was for Juve to get rid of Douglas Costa, and that happened with the Brazilian's loan to Bayern. Juve then activated the agreement with Fiorentina for Chiesa. Juve saved 18,000,000 euros on their gross salaries by loaning Costa, Rugani (Rennes) and De Sciglio (Lyon) and provided funds for the loan and the salary of Chiesa.
The transfer will be completed in a rather complicated form. First, a "tactical extension of the contract" of Chiesa and Fiorentina was agreed so that Juve could realize the business through a two-year loan. Chiesa's contract expired in the summer of 2022, so he had to extend it so that Juve could buy him before the contract expires.
Wouldn't it be logical for Juve to buy a player whose contract has expired ?!
Due to the budget limit, Juventus had to delay the transfer payment for several years. and he managed to make a complicated but successful formula.
Now they will pay only 2,000,000 euros for the loan, then next summer another 8,000,000 for a new loan for a year. In the summer of 2022, the Italian giant will buy Chiesa for 40,000,000 euros. More precisely, it has an option that is practically a mandatory purchase.
One of the four conditions must be met in order to activate the binding redemption of the contract. These are the following conditions: - Juventus to finish the season among the top four in Serie A. - That Chiesa plays 60 percent of the games for Juve at least 30 minutes per match - For Chiesa to score 10 goals - Chiesa to record 10 assists.
All that in the period in the next two years, which means that it will surely happen. In the end, Viola will have another 10,000,000 euros through easily achievable bonuses, so the maximum amount of the transfer could be 60,000,000 euros.
Fiorentina asked for that much at the beginning of the negotiations, and Juve did financial gymnastics to fulfill the mentioned request. Chiesa will sign a five-year contract with Juventus with a salary of 4,500,000 net per season, which is over 8,000,000 euros per year at the gross level.
Only the green light of the doctor is waiting after the examination and Chiesa will borrow a black and white jersey. It was also the wish of Juventus' rivals Inter and Milan, but they did not submit an offer that would satisfy Fiorentina.