Jeff Reine-Adelaide is joining Lyon from Angers in a deal worth an initial £23 million, plus £2.3 million in add-ons, according to the Evening Standard. They also report that Arsenal will receive around £5 million, due to a 20% sell-on clause they included in the deal that took the 21-year-old to Angers in 2018.
The attacking-midfielder is an extremely promising and talented prospect. During his three year spell with the Gunners, he regularly impressed for their youth team. He even managed to make eight first team appearances for the north London club, though he never featured in the Premier League. When it became clear that his path to the first team at the Emirates Stadium was blocked, he sought pastures new.
Last summer, Arsenal allowed the young Frenchman to join Angers on a permanent basis. The Gunners did not receive a significant transfer fee for Adelaide. This was a missed opportunity. Whilst Arsenal should be commended for having inserted a sell-on clause into the deal, the truth is that they missed out on making a lot more money out of Adelaide. Had they only allowed him to join Angers on loan, Arsenal could have received the full fee from Lyon themselves this summer.
The sell-on fee was a smart inclusion, and Arsenal are set to reap the rewards of that. However, the fact they sold a youngster for such a small fee only a year before he was sold for such a large figure demonstrates that the north London club are still not the most effective or efficient force in the market.