Aymeric Laporte

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Just done a bit of further research and found this on how the buy out clause works:

Buy-out clauses examined
A buy-out clause, or "cláusula de rescission”, is literally what it claims to be. A player must buy out the pre-determined value of his contract. They had existed in Spain for about 10 years before the landmark Bosman judgement, but post-Bosman, it became a way that nervous clubs thought they could protect themselves against a possible legal and financial meltdown wasn't heading their way with players coming and going as they chose.

The idea here is that when a player signs for his new club, he and the club agree on a set fee, which, if paid, allows the player to leave and his employers cannot prevent that.

Each individual contract with a player will have a differently worded buy-out clause. Some buyout clauses would be triggered simply if an offer of the stipulated amount was received while others would have other factors that would be needed to complete the transaction. Either way, the important thing to note here is that if the buyout is activated, the amount must be transferred by the player to the selling club. This is where things get interesting.

Most players, despite earning large sums of money, don’t have £30-40 million to buy out their contracts. This must be provided by the purchasing club, who would transfer the money to the player, who then uses those funds to buy out his contract. Now, when the purchasing club transfers the money to the player, that amount is subject to tax. In Spain, the rate of tax payable on this transaction, which would have to be borne by the purchasing club, can be anywhere from 20 to 47 per cent.
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