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17th of January 2018

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Manchester City news: Kevin De Bruyne's Brexit-inspired wages and bonuses in new contract revealed | Goal.com

Kevin De Bruyne's new six-year Manchester City contract will be paid in euros rather than pound sterling and will include a whopping €10 million signing-on fee, Goal has learned.

The midfielder's new contract will be signed off once City and the Belgian's agent agree on the valuation of his image rights.

The rest of the terms of the contract are already in place following months of talks, and they can now be revealed by Goal.

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De Bruyne's basic wage will be the euro eqivalent of £200,000 per week (currently around €230,000) and will be topped up by various other bonuses and payments.

The midfielder's existing agreement is paid in pound sterling, but due to the fall in the valuation of the currency since the United Kingdom's European Union referendum in 2016, De Bruyne's agent, Patrick De Koster, has negotiated a switch to euros.

City want to acquire 100 per cent of De Bruyne's image rights in exchange for a yearly lump sum, and it is expected an agreement worth around £2m per year (20 per cent of the basic wage) will be reached at a meeting in early January.

A €10m (£9m) signing-on fee will paid over the duraton of the six-year deal, and once that and the image rights agreement is factored in, the 26-year-old's weekly wage will be worth roughly €300,000 (£264,000).

Kevin De Bruyne Manchester City

De Bruyne's pay packet will be boosted even further depending on other bonuses of varying achievability.

The most likely boost will come if the Belgian plays 60% of City's matches across a season. In previous years he has received a sum of £800,000 for reaching that milestone. It is understood he will receive around €1.37m (£1.2m) under the new agreement.

Under his old deal, De Bruyne would also receive an up-front £200,000 payment for winning the Ballon d'Or, plus an extra yearly pay rise of £400,000. It is believed that those figures would be upped to €396,000 (£350,000) and €735,000 (£650,000), respectively, in his new agreement.

De Bruyne would also have received a one-off payment of £50,000 and annual bonus worth the same amount for winning the Premier League Player of the Year award. Those figures will soon be upped to €85,000 (£75,000).

And he will benefit even further if he can inspire City to silverware this season.

The contract he signed in 2015 offered one-off payments of £500,000 for group stage qualification in the Champions League, £750,000 for winning the Champions League, £500,000 for winning the Premier League, £200,000 for winning the FA Cup and £100,000 for winning the Carabao Cup.

Those will all be increased once an agreement is reached over his image rights. From the day his new deal comes into effect he could earn one-off payments of €905,000 (£800,000) for group stage qualification in the Champions League, €1.37m (£1.2m) for winning the Champions League, €905,000 (£800,000) for winning the Premier League, €396,000 (£350,000) for winning the FA Cup and €169,000 (£150,000) for winning the Carabao Cup.

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De Bruyne has enjoyed a fine season to date and City have established themselves as the form team in Europe. If Pep Guardiola's side are to do the unthinkable and win the quadruple, with De Bruyne named player of the year and winner of the Ballon d'Or, the former Chelsea man would eventually take home roughly €420,000 (£370,000) per week, depending on the final valuation of his image rights.

De Koster stated earlier this year that he was looking to reach an agreement which would be worth similar to the mammoth earnings of Paris Saint-Germain's summer signings, Neymar and Kylian Mbappe.

Neymar is believed to earn around £600,000 per week in the French capital and, while City will not pay anything like that figure to De Bruyne, senior sources at the club have acknowledged that they have had to to pay more than they had initially expected.

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