Eden Hazard: Chelsea Set to Earn Money Despite Real Madrid Star Retiring Last Year

Eden Hazard: Chelsea Set to Earn Money Despite Real Madrid Star Retiring Last Year

Martin Moses
updated at May 15, 2024 at 1:50 PM
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UEFA Champions League
  • Chelsea will receive a payout from the Eden Hazard sale despite him retiring last year
  • The Blues sold Hazard to Real Madrid in 2019 in one of the biggest deals of the century
  • Chelsea will benefit from a deal clause after Los Blancos achieved another milestone

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Chelsea are set to earn more money from Eden Hazard's sale to Real Madrid despite the player retiring last year. Hazard surprisingly called it quits on his career in October 2023 at the age of only 32.

The Belgian's move to the Spanish capital did not pan out as expected, as constant injuries and fitness issues denied him consistent game time.

Eden Hazard, Chelsea, Real Madrid, Florentino Perez, Marina Granovskaia, Champions League.
Eden Hazard with Real Madrid's President Florentino Perez during his presentation as a new Real Madrid player on June 13, 2019. Photo by Gabriel Bouys.
Source: Getty Images

Vinicius Junior's rise as a dangerous player on the left wing also kept him out of Carlo Ancelotti's squad, leading to both parties terminating their contract by mutual consent.

Chelsea sold Hazard in 2019 after a seven-year spell in England that saw him win two Premier League titles, among other trophies. The deal, orchestrated by then director of football, Marina Granovskaia, saw Los Blancos pay £88m and an additional £40m in add-ons.

Why Chelsea will get Eden Hazard's bonus

The add-ons were negotiated on a performance basis, which meant that Real Madrid would pay Chelsea £5m for every time they reached the Champions League final.

The Telegraph reports that the terms of the deal were structured in a way that it remains valid until the end of Hazard's contract. The former Lille winger signed a five-year contract, which should have kept him at Santiago Bernabeu until 2024 had he not retired.

Real Madrid beat Bayern Munich last week to reach a record-extending 18th Champions League final, where they will play Borussia Dortmund.

The additional £5m bonus would come in handy to the Chelsea ownership, who are fighting to balance their books and avoid a potential breach of the Profit and Sustainability Rules (PSR).

Reactions as Chelsea sells hotels to 'themselves'

Sports Brief has previously reported that Chelsea sold two of its hotels in an attempt to improve its financial standing with the Premier League.

The hotels have been sold to BlueCo, a company owned by the same Chelsea owners, which elicited sharp reactions online.

The two hotels on Stamford Bridge's site have raised revenue of £ 75.6 million, which is far from the £248.5m loss the Blues recorded in the last financial year.

Authors
Martin Moses photo
Martin Moses
Martin Moses is a sports journalist with over five years of experience in media. He graduated from Multimedia University of Kenya (Bachelor of Journalism, 2017-2021)