Behind the joining of Zhekelais for Arsenal: The agent cuts commissions and the capital game of three parties compromise
5:49pm, 17 July 2025Football
A transfer agreement was signed and completed. The agent's pen hovers for a moment, and his finger joints were slightly white due to force.
In the promise letter to give up the commission, the agent personally crossed out his own 7 million euros. When Romano declared that Dzekelish joined Arsenal with the iconic "Here we go", the spotlight of the football world was instantly focused on the Swedish striker.
What is little known is that behind this 73.5 million euro transaction is hidden by the thrilling capital game and human nature.
01 The agent cuts himself with a knife, and the capital behind the commission is gambled
The football transfer market is undercurrent, and the agent's commission is like an invisible golden river. However, Zhekelais's agent made a decision that shocked the industry - voluntarily giving up commissions of up to 7 million euros. If you cut this knife, it will not only cut off personal gains, but also industry practice. The numerical mystery behind
The commission is intriguing. According to the original transaction structure, if Portugal Sports charges a fixed transfer fee of 70 million euros, it will be necessary to withdraw 10% (7 million euros) from it to pay to the broker.
When the broker voluntarily gave up this astronomical figure, Portuguese Sports fully lost the fixed fee of 63.5 million euros, and its actual income was 2.5 million euros higher than the quotation plan of 70 million yuan. The sacrifice of the agent is not a pure act of righteousness. Arsenal privately promised to pay millions of euros as compensation, which was far lower than the original commission, but opened up key bottlenecks for the transaction. During this retreat, the club saved money, the agent protected the relationship, and the players realized their dreams - the capital operation of killing three birds with one stone was quietly completed.
02 The gentleman's agreement becomes Rashomon, and Portuguese gymnastics triggers a three-party conflict
Go back to the negotiating table two months ago, the confrontation between Portuguese sports chairman Valandas and Arsenal's representative is classic. The club denied that it had a "gentleman agreement" with Zhekelais of 60 million + 10 million euros, and insisted that the reserve price of 80 million euros would not let go.
This Swedish striker was forced into a desperate situation.
Sports director Viana, who originally signed the oral agreement, has transferred to Manchester City at this time. The drama of "death without evidence" is staged outside the Green Field. The angry Zhekelais made an extreme counterattack - clearing all traces of Portuguese media, refusing to participate in pre-season training camps, and even declared war on his career as a bet.
Portuguese's negotiation strategy reveals its sophisticated business skills: first create psychological pressure at high prices, and then use the players' urgent willingness to leave the team to restrain the buyer. When Arsenal representatives left Lisbon in anger, the club expected that the players would put pressure on them, and this psychological battle had long been accurate for human weaknesses.
03 The player broke the deadlock, and the idealistic bet on the training base in Lisbon in July, Zhekelaysh's figure of stopping training became the sharpest weapon in the transfer game. In order to facilitate the transfer, he gave up his due salary of 2 million euros and even issued an ultimatum to his agent: "If you don't charge a commission, you can replace him."
There is a precedent for such a "reverse" transfer when Fabregas joined Barcelona only more than ten years ago in football history. At that time, Fabregas paid out of his own pocket to fill the transfer fee gap, and now Zhekelais' "cutting his flesh" behavior is exactly the same. Fans joked: "There was an old method of backward paying, but there was an existing method of backward paying."
The leap in salary became his confidence to bet on everything. Zhekelais, who is earning an annual salary of 2.5 million euros in Portuguese, will receive an annual salary of 8 million euros after joining Arsenal. Behind the triple-level salary jump is the 27-year-old striker's clear understanding of the peak of his career - if he missed this opportunity, no more wealthy families would like to pay attention to it.
04 The secret battle of floating clauses, the psychological game at the last moment, when all parties believe that the overall situation is scheduled, smoke of gunpowder comes again on the negotiating table. The 10 million euro floating clause proposed by Arsenal has become a new struggle field. The Portuguese tough demands that all additional clauses "must be easy to achieve", while the Gunner insists on setting step-by-step trigger conditions.
The latest tug-of-war details are even more absurd: Arsenal proposed to split the floating bonus to two 5 million euro ranges, the former sets a low threshold, while the latter needs to achieve high-difficulty goals. Portuguese negotiators insisted that every euro must be "touchable".
This kind of struggle for inch of land reveals the true demands of Portuguese - it is necessary to maintain the club's image of "not selling stars at a low price", but also to worry that the players' strike will lead to asset depreciation. Arsenal took advantage of its opponent's dilemma to cleverly arrange risk allocation within the framework of a total price of 73.5 million.
05 The capital logic behind the three wins, the survival rules of modern football
When the agent signs to give up the commission, when the player presses his fingerprint on the agreement to give up the salary, when the club finally loosens the transfer asking price - the underlying logic of football capitalism is fully revealed.
On the surface, it is a three-party compromise: Portuguese has achieved record transfer returns (65.5 million fixed + 10 million floating), Arsenal strengthened the front line at a cost lower than the psychological price, and the players entered the Premier League giants as they wish.
The deep logic is the cruel formula of modern football: the golden period for the 27-year-old center is only three years left, and the players who stop training will become negative assets, and the reputation of the agent determines the future business. Behind every decision is the precise calculation of the return on capital.
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Outside the Kearney training base in London, the telephoto lens of the photographer is in place. Zhekelais's physical examination car is about to enter, and the Arsenal fan forum is filled with cheers of "Welcome the God of Fight".
In Lisbon's Light Stadium office, the Portuguese Sports Director is repeatedly pondering the final statement of the floating clause. The last 5 million euros game numbers were jumping on the LCD screen of the calculator at his hand - this contest about human nature and money was finally written in capital logic.
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