Million dollar compensation paid by Galatasaray to Falcao

Radamel Falcao will be presented this Thursday as a new Rayo Vallecano player. Hours before his release with the rayista colors, The compensation he has received from Galatasaray as compensation for concluding his contract with the Turkish club has transcended. The figure amounts to about three million euros, as revealed by the president of the Ottoman team, Burak Elmas.

Falcao had a contract with Galatasaray until 2022, but it was not in the plans of coach Fatih Terim, so both parties reached an agreement to end the relationship. This agreement was reached just a few minutes before the end of the transfer market, which made it possible for the Colombian to later sign with Rayo Vallecano.

“The contracts between the professional soccer player Radamel Falcao García Zarate and our entity have been mutually terminated,” Galatasaray reported on August 31, announcing the termination of the coffee grower. However, the president of the institution, Burak Elmas has added more data. “Falcao had a gross contract of 9.6 million euros and a bonus for every 5 games he played. While we parted company, we did so by sharing half of the total 6.5 million euros that it will receive this year ”, Elmas assured during the presentation of the Galatasaray accounts for the new season. That amount amounts to about three million euros.