Manchester United confirms the sale of Eric Djemba-Djemba to Aston Villa Football Club.
The initial consideration is £1.35 million (payable £0.9 million on completion and £0.45 million on 30 June 2005) with further payments of £0.25 million after the player has made 20 FAPL appearances and £0.25 million after the player has made 40 FAPL appearances.
This sale will result in an initial loss on disposal in the year to 31 July 2005 of £1.1 million, with conditional receipts based on the players appearances being recognised as profits when earned.
Manchester United has paid no agents fees in this transaction.
Manchester United PLC
31 January, 2005
The initial consideration is £1.35 million (payable £0.9 million on completion and £0.45 million on 30 June 2005) with further payments of £0.25 million after the player has made 20 FAPL appearances and £0.25 million after the player has made 40 FAPL appearances.
This sale will result in an initial loss on disposal in the year to 31 July 2005 of £1.1 million, with conditional receipts based on the players appearances being recognised as profits when earned.
Manchester United has paid no agents fees in this transaction.
Manchester United PLC
31 January, 2005

