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Galatasaray Vice-President: Arsenal Director Surprised By Osimhen’s €159m Package.
Galatasaray vice-president Abdullah Kavukcu has disclosed that Arsenal’s sporting director Andrea Berta was taken aback by the huge financial package involved in Victor Osimhen’s transfer to Istanbul.....KINDLY READ THE FULL STORY HERE▶
Osimhen completed a permanent switch to the Turkish champions last summer following an impressive loan spell from Napoli. The striker’s signing came amid strong competition from Arsenal and several Saudi Arabian clubs.
Galatasaray activated the player’s €75 million release clause to secure his departure from Napoli after five years. The deal makes Osimhen one of the top earners in the Turkish Super Lig.
The former FIFA U17 World Cup winner is set to earn €15 million annually, along with a €1 million loyalty bonus each year and €5 million from image rights. Over the four-year contract, Galatasaray’s total financial commitment is estimated at €159 million.
Speaking to HT Spor via Haber Sarikirmizi, Kavukcu said the club is not considering selling the striker, even if a massive offer arrives.
“I wouldn’t sell him for €150 million, but that decision ultimately rests with our president,” he said.
He added that replacing Osimhen would be extremely difficult if he were ever sold.
“You must also sign a replacement if you sell him. That is very important,” he said.
Kavukcu further revealed that Arsenal’s sporting director was surprised by the scale of Galatasaray’s spending.
“The Arsenal sporting director visited recently and was shocked by the level of investment we made,” he said, noting that Arsenal’s budget stands at €800 million compared to Galatasaray’s €500 million.
He also highlighted Osimhen’s commercial impact beyond football performance.
“Osimhen will stay with us. We expect to generate about €22 million because of him,” Kavukcu said.
“We also have three sponsorship deals linked to him, bringing in €6 million from advertising shoots.
“The Osimhen transfer has greatly benefited us; we have fully maximised our ambition.”
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Economic Challenges in 2023: Senate President Godswill Akpabio stated that President Bola Tinubu’s administration inherited a severe economic crisis in 2023, noting that 27 states previously struggled to pay workers’ salaries and pensions.....KINDLY READ THE FULL STORY HERE▶
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Case for Re-election in 2027: During a visit from the Senate Committee on Tertiary Institutions, TETFund, and NELFund led by Senator Dandutse Mohammed, Akpabio argued that economic re-engineering has improved conditions, giving the ruling party strong achievements to campaign on for a 2027 second term.
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Legislative and Executive Collaboration: Praising the 10th Senate’s ongoing collaboration with the executive arm, Akpabio highlighted the positive impact of laws governing TETFund and NELFund on Nigerian parents and students.
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