West Ham United have sold off Pedro Obiang to Italian side US Sassuolo – an official report from the club have confirmed.
On Wednesday, the Hammers released an official statement which read: “West Ham United can confirm that Pedro Obiang has joined Italian side US Sassuolo for an undisclosed fee.
“The 27-year-old midfielder spent four years in east London, joining the club in summer 2015 from fellow Serie A team Sampdoria.
“He played 116 times in Claret & Blue, scoring three times – including the club’s Goal of the Season in 2017/18 for an unstoppable 30-yard drive against Tottenham Hotspur at Wembley Stadium.
“Obiang was part of the side which qualified for European football in 2016 and earned his first international caps for Equatorial Guinea during his time with the Hammers.
“West Ham United would like to thank Pedro for his contribution to the club and wish him well for the future.”
Pedro Obiang joined West Ham in 2015 from Italian club Sampdoria for a fee of around €6 million and even though the Hammers have not disclosed the selling fee but multiple reports have suggested that the transfer price is around £7 million.
At first, it might look like the London club have just about made some profit on the sale of Pedro Obiang but according to Claret and Hugh, they will have to pay out a portion of the transfer fee to other clubs.
Here’s how it works:
The Hammers had to pay a five per cent(expected to be around €350k) Fifa solidarity payment to Atletico Madrid who looked after the player as a youngster.
The report also suggests that the club will have to pay Pedro Obiang around €500,00 which was due on his signing fee meaning after all the deductions, the final transfer fee comes to around €6 million.
But the final fee could line up to about £7 million – what the media have been reporting if the Hammers manage to get the add-ons in the contract.