Real Madrid has once again demonstrated the financial prowess of its youth academy with the recent transfer of 19-year-old Jacobo Ortega to RC Strasbourg. Announced on Monday, the deal sees Strasbourg acquiring 70 percent of Ortega's rights for a fee of 10 million euros (approximately 11.6 million U.S. dollars). This transaction marks a significant milestone, as Ortega becomes the most expensive player sold by Real Madrid who has yet to make an appearance for the first team.
The official statement from Real Madrid confirmed the transfer, noting that Ortega joined the club's youth setup in 2018 at the tender age of 12 and has spent eight years developing within the academy. The club expressed pride in his progression and the financial benefits that such sales bring to the organization.
Ortega has committed to a five-year contract with Strasbourg, which is owned by BlueCo, the same group that holds ownership of Premier League club Chelsea. This connection may suggest a strategic partnership that could benefit both clubs in the future.
Financial Gains from Youth Development
Real Madrid's youth system has proven to be a lucrative asset this summer, with other academy graduates also contributing to the club's financial success. Notably, Gonzalo Garcia and Cesar Palacios have collectively generated around 50 million euros for the club. Additionally, Real Madrid has earned approximately 20 million euros from sell-on rights related to Victor Munoz's transfer from Osasuna to Liverpool, further highlighting the effectiveness of their youth development strategy.
Lee Kang-in's Return to La Liga
In a separate development, South Korean international Lee Kang-in has shared insights into his decision to leave Paris Saint-Germain for Atletico Madrid. The 25-year-old attacking midfielder, who has previously played for Valencia and Mallorca, was officially introduced to fans and media at the Metropolitano Stadium on Monday.
Reflecting on his move, Lee expressed a deep connection to Spanish football, stating, "I knew what a great club was like since I was little." He emphasized that when the opportunity to return to Spain arose, his focus was solely on joining Atletico and pursuing titles. Lee's journey has come full circle, as he looks forward to making his mark in La Liga once again, a league he fondly regards as his footballing home.
