This is how much AIK gets for Alexander Isaacs transfer to Newcastle

At the end of August, Alexander Isaacs was sold to Newcastle from Real Sociedad for an amount that could reach SEK 740 million.

A good deal for parent club AIK, which receives between 12.5 and 25 million Swedish kronor in solidarity compensation.

Great news for us, club finance director Hakan Strandlund tells Sportbladet.

Solidarity compensation for Isaacs record move to Newcastle is divided between AIK Football AB and AIK Football Association.

The former represents the club’s first team operations and receives between 2.5 and 5 million Swedish kronor. Compensation to be paid on five different occasions between 2022 and 2026, AIK writes on the club’s website.

“Amazing news”

AIK Football Association is paid for the period in which Isak represented the AIK youth team and receives between 10 and 20 million Swedish kronor.

– Great news for us. The club’s chief financial officer, Häkan Strandlund, tells Sportbladet that it is very interesting to follow the development of players in Europe and in this way forward from one league to the next.

The club receives a total of between 12.5 and 25 million Swedish kronor.

We have an exact number, but since we’re publicly listed, we report income to remittances at intervals, says Strandlund.

How will you invest this money?

– We will work in the long term with these funds and above all to strengthen the activities of our association and the youth side.

We want to work on long-term projects so that the money is efficient over a long period of time. That is the plan.

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Alexander Isak was sold from AIK to Borussia Dortmund in early 2017 after his big season in 2016.

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