Source: Team_Talk
Sporting agree Michel sale to Blues
Reports suggest the Blues will pay around 3.2million euros (£2.9million) for the 24-year-old midfielder, with a two-and-a-half year contract awaiting him at St Andrew's.[LNB]The agreement with will see half of the transfer fee paid during the current transfer window and the remaining 50% in 12 months time.[LNB]Sporting have also included a clause in the deal which will see them receive 10% of any future sale.[LNB]"We have convinced the technical staff that this is for the best, because we have to improve the financial situation at the club," said Sporting president Manuel Vega Arango.[LNB]"I understand that (coach) Manuel Preciado was keen to limit damage to the squad, but this is what we have to do."[LNB]Speculation in Spain suggests Sporting will look to land Atletico Madrid's teenage playmaker Ignacio Camacho on loan to help cover the loss of Michel.[LNB][LNB]
