Super Ronnie Jepson
Well-known Exeweb poster
Sigh...Does anyone actually know the monetary interest we have in ollie Watkins?
Are we due anything at all?
It goes something like this. We sold Ollie to Brentford for £1.8m with a sell on of 15% of any profit they make.
Brentford sold Ollie to Villa for £28m with add-ons up to £5m, triggered by Villa staying up / Ollie scoring for England etc.
So 15% of £33 - £1.8m = £4.56m assuming all those add-ons are achieved.
Now, if Brentford also have a sell-on of say 10% of any profit Villa make and Villa sell Ollie to Bayern for £60m then Brentford will get 10% of Villa's profit of £27m (£2.7m) and because Brentford's profit increased we should be entitled to 15% of that £2.7m... £405k.