The transfer agreement sends Piero Hincapie to Arsenal on an initial loan from Bayer Leverkusen, with Arsenal paying a €6m loan fee and the fixed transfer fee deferred until 2026. The purchase option is understood to convert into an obligation in the new year. Leverkusen initially denied a final agreement but appear likely to accept a counteroffer after deal figures leaked. Hincapie had a €60m release clause that Leverkusen refused to lower. Hincapie and his agent are waiving their resale percentage (around 10%, roughly €6m), which reduces the fee and removes a resale payment owed to AC Talleres. Tottenham and Liverpool were also interested. Hincapie will have his Arsenal medical this weekend.
In a slightly complicated deal, the Ecuador international will be joining the Gunners on an initial loan deal, with some conflicting reports on whether there'll be an option or an obligation to make the move permanent. My understanding is that the purchase option will convert into a purchase obligation in the new year. Arsenal will pay a loan fee of 6m to Leverkusen, while the fixed transfer fee will not be paid until 2026.
Hincapie and his agent are waiving their percentage share of the player's resale. Assuming a rate of ten percent, this would amount to 6m. The lower transfer fee resulting from the player's waiver also eliminates the resale fee that Hincapie's former Argentinian club AC Talleres negotiated upon his move to Leverkusen in 2021. This is said to be 20 percent of the transfer profit. Bayer paid the Argentinians 6.4m at the time.
Collection
[
|
...
]