Coventry City are set to receive a 7-figure cash bonus as former striker Viktor Gyökeres closes in on a stunning £63.5 million transfer from Sporting CP to Arsenal.
Thanks to a smart sell-on clause built into his 2023 transfer, the Sky Blues will earn a significant payout — a timely boost to Frank Lampard’s summer plans as he looks to build a squad capable of securing promotion to the Premier League.
🚨🔴⚪️ Understand Gyökeres’ agents have landed in London to seal details of the deal with Arsenal!
— Fabrizio Romano (@FabrizioRomano) July 14, 2025
All set also for Viktor to travel for medical as soon as details will be sorted.
€63.5m plus €10m deal almost agreed, commission reduced as it has to be fixed today.
🏁🇸🇪 pic.twitter.com/3xzGvQSUo9
Coventry to Bank £4.35 Million via Sell-On Clause
While there had been speculation that Coventry may have waived their sell-on clause last summer, CoventryLive, citing Portuguese outlet Record, confirms that the clause remains intact. As per Sporting’s financial disclosures, Coventry are entitled to 10% of Sporting’s profit on any future sale.
With Gyökeres having joined Sporting for £20 million, and now set for a £63.5 million move to Arsenal, the Portuguese side stand to make a £43.5 million profit — and Coventry are due £4.35 million from that figure.
Timely Cash Injection for Lampard’s Project
This payout arrives at a crucial time for Frank Lampard, who is preparing for his first full season as manager after guiding the club to a Championship play-off semi-final last term.
Coventry have been active in the market already, bringing in Kaine Kesler-Hayden from Aston Villa for £3.5 million and Miguel Ángel Brau from Granada on a free transfer. They’ve also secured Jack Rudoni, Luis Binks, Oliver Dovin, and Brandon Thomas-Asante — showing intent to go one better this season.
The additional £4.35 million from the Gyökeres deal could allow for one or two more key additions before the new campaign kicks off.
Gyökeres: From Coventry Favourite to European Star
During his two seasons at Coventry, Gyökeres scored 43 goals in 116 appearances, becoming a fan favourite and central figure in the club’s push for promotion. His move to Sporting CP in 2023 proved to be the springboard to another level.
In Portugal, he’s been nothing short of prolific — scoring 97 goals in 102 games and becoming one of the most sought-after forwards in Europe. At 27, he now returns to the Premier League with Arsenal, ready to compete at the highest level.
A Smart Clause That Keeps Paying Off
Coventry’s ability to negotiate a percentage of the profit — rather than a flat fee — from Gyökeres’ future sale has proven wise. It’s a reminder of the long-term value of smart transfer planning, even after a player departs.
With the new Championship season on the horizon and Frank Lampard at the helm, the Gyökeres bonus may be the extra lift Coventry need to mount another serious push for promotion.
