How Much Profit Did Celtic Make on Arne Engels?

After his £22m West Ham Transfer

Celtic sold Arne Engels to West Ham for a reported £22 Million fee. An English Championship record, but how much did Celtic actually make from that deal?

How much did Celtic originally pay for Arne Engels?

Celtic paid German side Augsburg a reported £11 million for the Belgian international. Smashing Celtic’s previous record for the signing of Odsonne Edouard, who was bought from PSG for a reported £9 million in 2018.

The Augsburg sell-on clause

It’s been reported by Sky that Celtic agreed a 10% sell on clause with Ausburg for the total sale price once Engels left Celtic. So that would be an additional £2.2 million for the German side since Engels left to West Ham for £22 million.

So how much profit did Celtic actually make?

If reports are to be believed, it looks like Celtic’s profit was around £8.8 million pounds. That’s when you remove the original fee and reported sell on that is due to Ausburg.

• West Ham fee: £22m

• Original Celtic purchase: approximately £11m

• Reported Augsburg sell-on: approximately £2.2m

• Estimated transfer profit: approximately £8.8m

Was Arne Engels good business for Celtic?

I think it’s not a particularly great deal when the club you bought a player from has made more on the deal than you have. On this occasion, Ausburg seem to have made around £13.2 million while Celtic have banked roughly £8.8 million. Fans will probably have expected Engels to go for more when the club invested such a huge amount in him. Truthfully though, his performances in the hoops never really reached the heights we had hoped for. It’s somewhat disappointing to be receiving less than the club were offered by Notts Forrest in January who reportedly bid £25 million for the Belgian midfielder.

All views expressed on Celtic DNA are personal opinions and are for commentary and discussion purposes only

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