Kevin De Bruyne's new Manchester City deal will pay him in euros because of Brexit
It is understood that a number of players feel that they have lost out on current contracts due to the effect on the currency after Britain voted to leave the European Union in June 2016
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Your support makes all the difference.Kevin De Bruyne’s new Manchester City contract will stipulate he is paid in euros, due to the pound’s fallen exchange rate, in a discussion point that is becoming increasingly common in the Premier League.
The Independent understands that a number of players feel that they have lost out on current contracts due to the effect on the currency after Britain voted to leave the European Union in June 2016, and that it is now forming a part of all contract discussions.
De Bruyne was previously on around £115,000 a week as part of his old deal, but with the Belgian set to sign a lucrative new six-year deal over the next few weeks, it will dictate that he is now paid €225,000 basic. That figure will end up at €265,000 with bonuses and image rights.
The player getting paid in euros was something repeatedly brought up in negotiations, and many Premier League players and their representatives are now following this route.
That is because many of them signed their last deals when the pound was still strong, but one effect of Brexit has been that many players now feeling they are losing out on those deals, so are looking to get all new deals agreed in euros.
City want negotiations with De Bruyne sorted before the World Cup, especially as the 26-year-old’s burgeoning reputation grows amid a brilliant season. It would strengthen their stance that he is not for sale at any price, regardless of any interest or offer from Barcelona and Real Madrid.
The club have also taken the first steps to agreeing new contracts with Gabriel Jesus and Leroy Sane, while there is an expectation that Fernandinho will sign an extension in the summer, when his current deal ends.
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