Atletico to receive just €14.7m for £32m Costa to Chelsea deal

Atletico Madrid

Reports in Spain suggest that Atletico are not the only ones cashing in on Diego Costa's Chelsea deal.

Chelsea announced yesterday that they had finally come to an agreement with Atletico Madrid over the transfer of their star striker Diego Costa - with the finalisation of a deal seemingly just days away.

Costa banged in the goals in La Liga last season, and despite a poor World Cup, Chelsea have pushed ahead with their plans to sign the player from Los Colchoneros.

The fee involved is still debated, but it remains clear that Costa has a release clause of £32 million, so the figure is indeed believed to be in that region.

However, Atletico will not be receiving that much for the player - in fact, they will receive nothing near that, according to reports in the Spanish press today.

Mundo Deportivo have reiterated the fact that SC Braga - for whom Costa was signed from by Atletico - are entitled to a large chunk of his sale. That chunk is now believed to be a whopping €7.6 million, around 20% of what Chelsea are paying for his services.

But that is not where the payment stops. No, due to FIFA regulations any team who helped in the progression of Costa between 16 and 23 is entitled to a sum - and due to Costa's journeyman early career the 25-year-old is leaving Atletico out of pocket.

Portuese side Penafiel along with Spanish outfits Celta Vigo, Albacete, Valladolid and Rayo Vallecano are all owed a percentage each - on top of Braga's income from the deal.

On top of that there is a deal Atletico currently has with the Spanish Treasury. Los Rojiblancos are one of many teams who owe considerable money to crippled Spanish banks - 50% of any sale must be paid to the government.

Which, when all the maths is done and dusted, leaves Atleti cashing a check for around €14.7 million, or around £12 million in British sterling.

Leaving Atletico doubtlessly sheepish.

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