According to an official announcement from Sporting CP, Chelsea have bought Geovany Quenda and Dário Essugo from the club for a total of €74,408,816.32.

SPORTING CLUBE DE PORTUGAL – FUTEBOL, SAD (hereinafter Sporting SAD), under the terms and for the purposes of complying with the information obligation arising from the provisions of Article 17 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April, hereby provides the following information to the market:

Sporting SAD has reached a global agreement with Chelsea Football Club Limited (hereinafter Chelsea FC) for the definitive transfer of the sporting rights of the players Geovany Quenda and Dário Essugo, for a total amount of up to €74,408,816.32 (seventy-four million, four hundred and eight thousand, eight hundred and sixteen euros and thirty-two cents), which includes charges for intermediation services of approximately 6%.

This agreement's essential terms and conditions are summarised as follows:

1. Geovany Quenda

1.1. The financial consideration for the transfer corresponds to €52,136,541.32 (fifty-two million, one hundred and thirty-six thousand, five hundred and forty-one euros, thirty-two cents) which comprises a fixed portion of €50,777,700.00 (fifty million, seven hundred and seventy-seven thousand, seven hundred euros) and a variable portion which may amount to €1,358,841.32 (one million, three hundred and fifty-eight thousand, eight hundred and forty-one euros, and thirty-two cents) depending on the verification of certain objectives related to the player's sporting performance during the 2025/2026 sporting season, with the player continuing to carry out his activity with Sporting SAD until the end of the 2025/2026 sporting season;

1.2. The parties agreed that the amount corresponding to the solidarity mechanism due to third-party clubs will be borne equally by Sporting SAD and Chelsea FC;

1.3. The costs for intermediation services correspond to €3,550,000.00 (three million, five hundred and fifty thousand euros).

2. Dario Essugo

2.1. The financial consideration for the transfer, which will be completed in the current sporting season, corresponds to a fixed amount of €22,272,275.00 (twenty-two million, two hundred and seventy-two thousand, two hundred and seventy-five euros), with the player continuing to work for Unión Desportiva Las Palmas until the end of the current 2024/2025 sporting season, and from the 2025/2026 season onwards he will be in the service of Chelsea FC;

2.2. The parties agreed that the amount corresponding to the solidarity mechanism due to third-party clubs will be borne equally by Sporting SAD and Chelsea FC;

2.3. The costs for intermediation services correspond to €999,687.00 (nine hundred and ninety-nine thousand, six hundred and eighty-seven euros).

Lisbon, March 19, 2025.