Birmingham City will receive a windfall in excess of £10million when Jude Bellingham’s transfer to Real Madrid goes through.
Borussia Dortmund announced on Wednesday that they had agreed a deal with Real to sell the England midfielder. They will receive an initial fee of €103m (£88m), with a further €30m (£25m) due in potential add-ons.
He is expected to undergo a medical in the coming days and the move will land the St Andrew’s club with an eight-figure windfall. Incoming owners, Knighthead Capital, are understood to have ring-fenced the cash as part of their takeover deal with outgoing owners, Birmingham Sports’ Holdings Ltd.
