Gareth Bale joined a small elite of mega-rich sportsmen when he completed his world-record €100 million transfer to Real Madrid earlier this month.
But a sizeable portion of the 24-year-old’s monstrous €358,000-a-week wages will go to the management firm who made the deal happen.
The Sweeper has learned that the Stellar Group earned €12m from the move as part of the contract the company signed with Real Madrid back in May to facilitate the transfer.
It is understood that the two parties negotiated a ‘duality agreement’, a typical contract in marquee transfers, with the buying club paying roughly half of the agents’ costs and the player himself the remaining 50 per cent out through his signing-on fee and salary.
Having signed a six-year contract worth €111m over the entirety of the agreement, Bale will have to hand over around five per cent to Stellar Group, who have offices in Britain, Africa and South America and represent 500 sportsmen and women from across the globe.
The principal negotiators in the deal were Stellar chairman Jonathan Barnett and David Manasseh, who has been Bale’s agent since he was 16.
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