The confirmed £2.7m transfer that is fantastic news for Arsenal and Mikel Arteta

Former Arsenal striker Chuba Akpom has sealed a return to England.
It was confirmed on Saturday [September 19] that the 24-year-old has swapped PAOK for Middlesbrough with the Championship club paying a transfer fee in the region of €3m (£2.7m).

And Boro boss Neil Warnock is very happy with the deal.

“I’m delighted to finally have got him,” he said. “He’s been my number one choice. I’ve wanted him for a long time. I’d like to give a big thanks to Neil Bausor for getting it done.
“I told him what we were doing at the club, and right from day one, he wanted to come, and I’m delighted.”

The deal which seals Akpom’s return to England will be welcome news for the Arsenal as they are in line to receive a surprise welcome windfall which will help to boost their transfer budget.

A deal taking Akpom to the Riverside Stadium could see the Gunners pocket a fee in the region of just over a £1m. That is because of an 40% sell-on clause which was negotiated before the forward joined PAOK two years ago.

However, the clause landed Arsenal in hot water with FIFA as they were handed a fine of 40,000 Swiss francs ($42,300) and warned about its conduct regarding player transfers.

“The committee considers that, by the mere existence of these clauses, Frosinone and PAOK FC are influenced by Arsenal in employment and transfer-related matters,” FIFA disciplinary committee member Thomas Hollerer wrote in the verdict document .
“The committee considers that the relevant clauses undoubtedly grant Arsenal the ability to influence in employment and transfer-related matters the independence, policies and the performance of PAOK FC and Frosinone’s teams.

“It is evident that in a scenario in which PAOK FC and/or Frosinone receive two similar and/or identical offers for the transfer of the relevant players, one being from a club in the United Kingdom and the other one coming from a club outside the United Kingdom.

“PAOK FC and Frosinone would be more inclined to accept the offer coming from the club outside the United Kingdom, as it would make the operation most profitable from a purely financial point of view.”

With that said, 40% of £2.7m is £1.08m, and whilst that’s not a massive fee, it could be used to fund a move for Runar Alex Runarsson.

football london understands the Iceland international has travelled to London to complete a £1.5m transfer and meet his new teammates at the club’s training ground, as first reported by Goal .
And with Arsenal said to be interested in big-money deals for Thomas Partey and Houssem Aouar, the Akpom windfall could come in handy as they won’t have to touch the £20m received from Aston Villa for Martinez.

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Mc Ebisco

Welcome to Mc Ebisco, I am a blogger and a comedian in Nigeria, My aims and objectives are to share knowledge and varieties of news and information across the globe.

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