Bastian Schweinsteiger transferred from Bayern Munich to Manchester United this summer for a total of €9 million. We know this now thanks to TSV 1860 Rosenheim. Why is a Bayernliga Süd (fifth division) club giving us our update?
Before joining Bayern's youth academy at the age of 14, Schweinsteiger was previously with Rosenheim. Under the rules of FIFA's solidarity payments, Rosenheim are due a portion of the transfer fee, due to Schweinsteiger having played there after turning 12. The rule states that a club is due .25% of any transfer fee for every year they spent at the club between the ages of 12-23.
Still, it was a bit shocking to see Rosenheim come out with the facts and figures via their website."The transfer fee for Bastian was €9 million, and we were credited for two years." said club CFO Sandro Sacco. "Payment will be made in two installments, and after consulting and legal fees, the club will receive €19,000. The first installment has already been received in August.
"For us, this is again an incentive to continue to put a lot of power in our youth. We will use the money for our high-quality football education."
This officially ends all speculation on what the actual transfer figure was for Schweinsteiger. One must applaud FC Bayern for accepting a lower figure for the player to allow him to retire at the club of his choice as he seeks a new experience in life.