Confusion Over Cheick Tiote Fee


There are widely different reports of what the transfer fee is for Cheick Tiote moving to China League One club Beijing Enterprises FC, which is in the second tier of Chinese football.

We bought Cheick from FC Twente for £3.5M in August, 2010 and not surprisingly the Dutch club put a 15% sell on clause in his contract at that time.

That means whatever profit Newcastle make on this deal then FC Twente are due 15% of it.

Cheick Tiote – photographed yesterday in China

The fees differ between £5M which is being reported in Holland and only £500K which the Shields Gazette is reporting this morning.

The major thing Newcastle have tried to do for a player who has hardly played for us over the last couple of seasons is to get his wages of around £55K/week off the wage bill.

So we are sure Newcastle would not allow the transfer fee to get in the way of the move, especially when he will be a free agent at the end of June and would leave for nothing.

If the fee is £5M then the profit is £1.5M and FC Twente would be due 15% of £1.5M which is £225K.

If the fee is £500K then the profit is nothing and FC Twente would therefore be due nothing.

We think the latter will turn out to be the truth.

Newcastle could announce the deal as being complete today and it would be the second successive transfer window in which Newcastle have made a profit, after making around £31M last summer..

What do you think?

Comments welcome.



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14 comments so far

  • martoon

    Feb 8, 2017 at 8:31 AM

    Comment #1

    I always thought a sell on clause was a percentage of the whole transfer fee but Ed seems to think it is just the profit – he may be right – anybody know?

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  • DubaiMicky

    Feb 8, 2017 at 8:38 AM

    Comment #2

    Depends on what’s in the contract martoon, but I would be very surprised if it was plain percentage.

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  • martoon

    Feb 8, 2017 at 8:42 AM

    Comment #3

    I’ve tried Jibbing (Googling) it but the articles don’t make it clear what it is a percentage of?

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  • mindshaft

    Feb 8, 2017 at 8:44 AM

    Comment #4

    They must be dreaming if they are reporting 5 million for tiote with 4 months left on his contract and barely a kick of the ball in 2 seasons – surprised we haven’t had to pay them 500k to cover his wages and take him off our books

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  • mindshaft

    Feb 8, 2017 at 8:45 AM

    Comment #5

    A percentage of nothing is still nothing

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  • Mag52

    Feb 8, 2017 at 9:16 AM

    Comment #6

    Clutching at straws aren’t you Ed. Talking about a profit in the January transfer window ?

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  • toontaff2

    Feb 8, 2017 at 9:39 AM

    Comment #7

    £5 million – Cheick’s in the post!

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  • giimps

    Feb 8, 2017 at 9:43 AM

    Comment #8

    We need to watch Helder costa on Saturday, helooked the part when he played Liverpool.

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  • Essex Geordie Bill

    Feb 8, 2017 at 10:56 AM

    Comment #9

    martoon

    Surely the correct term is jibbling. 🙂

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  • martoon

    Feb 8, 2017 at 11:04 AM

    Comment #10

    Lol – I stand corrected 🙂

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  • calvinzolamakongo

    Feb 8, 2017 at 11:13 AM

    Comment #11

    Costa was by far their best player when they beat us seem people only have taken notice of him after liverpool

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  • giimps

    Feb 8, 2017 at 12:04 PM

    Comment #12

    Yeah, he seems to have come into his own in the last few games, more than he was before, hes signed permanently for them and for a not too shabby £13m ,hopefully Dummet will keep him in his pocket but let him ouT again after the game so he can terrorise our competitors.
    They have Costa, we have Sameobi…..bring it on!!!!

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  • lesh

    Feb 8, 2017 at 12:07 PM

    Comment #13

    Martoon, Essex

    Less of Jibbing – you’ll set him off!

    Come to think of it, has he gawn to Spain again?

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  • TyneMouth

    Feb 8, 2017 at 12:30 PM

    Comment #14

    So, goodbye Tote, and we save four months salary, that is if we haven’t bought out his contract. It would be amazing if there was a transfer fee involved!
    Those has been reported as earning between £45k and £65k per week, clicking on Google only reveals an article in The Star from last year listing last season’s individual team member’s earnings.
    However, like most reports in the red-tops, there are no sources as to where the information originated. If any of the figures quoted are correct, then the savings made on the transfer of the likes of Sissoko, Gino, Cisse, Townsend etc. Coupled with contract of Coloccini, Marvelous, Taylor etc are considerable.

    Rafa’s new team recruits are probably on much lower salaries, albeit quite large for the Championship. Gayle, at the time of ‘teethgate’ in Blackpool was reported boasting of £35k a week, and he is probably one of the highest paid of the new squad.

    Does anyone know of a reliable source of the team earnings? Most newspapers and media reports claim £80M a year, that may have been true last season, but there must been a considerable reduction this year.

    We are two home games away from one million spectators attending SJP this season, with another six home games to play after that. There will be a total of in excess of 1.3 million spectators watching Championship home games this season!

    Simply AMAZING!…

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