Tottenham Hotspur have agreed to temporarily waive their Marcus Edwards’ sell-on clause, according to a report from Portuguese newspaper A Bola (via Sport Witness).
Edwards made only one senior appearance for Spurs – a 15-minute EFL Cup runout – before leaving to join Vitoria Guimaraes in 2019.
Spurs inserted a 50% sell-on clause into the deal for the 22-year-old winger, who made 33 Liga NOS appearances last season, 21 of which were starts. He scored three goals, provided one assist and averaged 2.2 successful dribbles per game (via WhoScored).
Edwards is currently valued at £9m by Transfermarkt, having been rated as low as £2.88m in April 2020.
Portuguese champions Sporting Lisbon are said to have opened talks with Vitoria over signing Edwards, having been impressed by his performances, but Tottenham’s clause has proven to be a stumbling block in their negotiations.
As a result, the London outfit have struck an agreement with Sporting. They will instead bank 50% of the transfer fee whenever Edwards leaves Lisbon further down the line.
Although Spurs could miss out on a decent cash injection this summer by delaying the receipt of the sell-on fee, you could argue that this is a shrewd move from Daniel Levy, the club’s chairman and transfer negotiator.
Edwards’ value is only rising, and the proposed move to Sporting should inflate it even further. If he lives up to the potential he’s showing, Spurs’ eventual intake could easily more than double.
At that point, it would look a very smart decision indeed to forego the sell-on payment for now and instead reap it whenever he moves on from Sporting.
In other news, this manager is open to the Spurs job.
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