XiaSports > Football > Espanyol Holdings Company Announces: Garcia s transfer directly contributes after-tax net profit of 19.75 million euros

Espanyol Holdings Company Announces: Garcia s transfer directly contributes after-tax net profit of 19.75 million euros

Football

Espanyol holding company Xinghui Entertainment issued an announcement yesterday that Joan Garcia has transferred to a new club (i.e. Club Barcelona).

Espanyol received a penalty of 26.3415 million euros for unilateral termination of the player. This player transfer directly contributed the company's after-tax net profit of 19.7561 million euros (calculated at the exchange rate on June 18, approximately equivalent to RMB 163.1026 million).

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