Breakthrough- Celtic secure fourth transfer after lengthy talks secure add-ons agreement

Celtic have agreed terms with Sligo Rovers for the transfer of Johnny Kenny. 

The striker had a €150,000 sell-on clause agreed in the contract that he signed in November but the Irish side have negotiated a range of add-ons to the fee. 

It seems that add-ons can take up more negotiating time than the original fee with club’s determined not to miss out on the future success of players that they have nurtured. 

In the summer of 2019 Manchester City were well covered when they sold Jeremie Frimpong to Celtic with the Dutchman moving on to Bayer Leverkusen less than 18 months later. 

Kenny has his work cut out to get close to the Celtic forward line this season but after a stint of pre-season training he might be ready to make an impact in July.  

The Irish Independent reports: 

Sligo Rovers have negotiated a deal with Celtic to ensure that the €150,000 they receive for the sale of promising striker Johnny Kenny can be increased by add-ons. 

Ireland U19 striker Kenny is set to formally join Celtic in the next 24 hours after opting for the Glasgow giants over a move to Hibernian. 

He signed a new deal with Rovers, his local club, in November but Independent.ie revealed last month that a key aspect of the terms was the insertion of a release clause which was duly triggered by his Scottish suitors. 

There were fears in Sligo circles that the €150,000 would turn out to be all they received for the player’s services. 

However, there was scope for discussions around clauses and the League of Ireland side have reached agreement with Celtic in this department after lengthy talks. 

It means they will receive additional money if Kenny makes a set number of appearances for the Celtic first team at any level – with another six figure sum on the cards if he reaches the limit. 

Crucially, the Bit’O’Red have also secured a sell-on clause believed to be in the region of 10-15pc, which means they will profit if Kenny is sold by Celtic at a later date. 

Earlier this season Celtic paid around £500,000 to Shamrock Rovers for Liam Scales which suggests that the club has intensified it’s scouting efforts in Ireland. 

Johnny Kenny set for Celtic move as Sligo Rovers agree lucrative deal worth at least €150,000 https://t.co/yirkkGsOUM pic.twitter.com/kYRzPJqCRP

— Independent Sport (@IndoSport) January 5, 2022