Fulham has completed the signing of striker Gonzalo García from Real Madrid in a deal worth €40 million, with the total package potentially reaching as high as €70 million when performance-based add-ons and contingent clauses are factored in.

The deal breakdown

García, a product of Real Madrid’s legendary La Fábrica academy, moves to west London in what represents one of Fulham’s most ambitious signings. The base fee sits around €40 million, but the structure gets more interesting from there.

Reports from both Spanish and English media suggest the final cost could balloon to €70 million depending on several variables. Those include performance-related bonuses, potential sell-on percentages that would give Real Madrid a cut of any future transfer, and what one unverified source described as a release clause in the region of €1 billion. The deal may also involve a partial-rights structure, meaning Real Madrid could retain some economic interest in the player’s future value.

Every single element of this transaction, from the add-ons to the sell-on clauses to the ownership structure, follows entirely traditional financial rails. No tokens, no smart contracts, no blockchain-based escrow.