In July, Manchester City completed the signing of Geronimo Rulli from Real Sociedad. The Argentine goalkeeper completed one of the most complex deals in recent history.

Rulli’s transfer has ultimately involved three football clubs, a loan move and three potential clauses that can be activated by any football club. Confused yet?

According to Mundo Deportivo, the goalkeeper’s proposed transfer to Manchester City was completed in July and cost Pep Guardiola’s side just £4.5million. The fee is seemingly a bargain for the club, but that was only the beginning of the deal.

The Argentina goalkeeper returned to Sociedad on loan for the season, with £1million returning to Rulli’s former club Estudiantes de La Plata in the Argentinian second division.

Indeed, the transfer window is seemingly right around the corner, and Sociedad now have an obligatory contractual clause where they must activate the release clause of €7million to sign the goalkeeper. However, City will keep 30% of his rights and also have an activation requirement of their own put in the potential deal.

€14 million will then be Rulli’s activation fee, and that can be activated in the summer of 2018 if City choose to do so.

If City doesn’t opt to bring Rulli back to the Etihad, they’ll make more money if Sociedad sell him due to their 30% ownership of the shot-stopper.

Rulli’s release clause for clubs, other than City, will be set at €35 million but City can sign the goalkeeper after the 2017-2018 season for €14million if they choose to do so.

Either way, City profit from the deal in the long run by obtaining one of the best goalkeepers (as backed up by statistics) in the world for such a small fee, or else receiving 30% of his €35million release clause if Sociedad sell to other suitors.


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