According to the reports, which all seem to be coming out of Portugal, there are four clubs ready to trigger the clause, all with different payout structures. From everything I've seen it seems its us, United, Real, and Atletico. The thing that has me skeptical about the reports is this talk of teams trying to offer different terms to Benfica so that Benfica accept that specific bid. Would that suggest no one's offer is to pay the buyout up front? Because it's always been my assumption that if one of those clubs paid the 120m then it's all down to Felix, not Benfica.