OFFICIAL: Espanyol notice Joan García’s release clause have been paid

Espanyol has received official notice from LaLiga confirming the payment of Joan García’s release clause.

Rastar Group (majority owner of RCD Espanyol)  obligated to disclose the information publicly due to its stock market status, detailed the operation in a statement.

According to Rastar, LaLiga informed them on June 14 that the €25M clause had been paid along with the annual CPI adjustment. They added that the transfer will contribute at least €18.75M in net profit after taxes.

The next step is for LaLiga to validate the payment terms and approve the registration, allowing FC Barcelona to officially add Joan García to the squad.