Manchester United have reached agreement with Real Madrid to receive £11million of the transfer fee for David Beckham in a lump sum.
United were originally due to receive a £12m payment in equal instalments over four years but will now receive the money up front. The club have already received £5m of the £25m fee with the rest being subject to Real's performances in the Champions League. Under the deal, the club will collect £860,000 each time Real qualify for the Champions League over the next four seasons. The same amount is also payable if the Spanish club go on to reach the quarter-finals of the competition in those seasons. The new terms will see United receive £1m less but allow them to bank the money immediately. ________________________________________________________________________ Want to chat instantly with your online friends? Get the FREE Yahoo! Messenger http://uk.messenger.yahoo.com/ ------------------------ Yahoo! Groups Sponsor ---------------------~--> Buy Ink Cartridges or Refill Kits for Your HP, Epson, Canon or Lexmark Printer at Myinks.com. Free s/h on orders $50 or more to the US & Canada. http://www.c1tracking.com/l.asp?cid=5511 http://us.click.yahoo.com/l.m7sD/LIdGAA/qnsNAA/tsUolB/TM ---------------------------------------------------------------------~-> *************************************** Reply to: [EMAIL PROTECTED] Subscribe to the list: [EMAIL PROTECTED] Unsubscribe from the list: [EMAIL PROTECTED] Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
