JEREMIE FRIMPONG, the Manchester City defender who arrived just before Monday’s midnight deadline, could cost Celtic £1million.
Details on the transfer have emerged that show the champions paid an initial £350,000 for the 18-year-old full-back.
But there is the possibility of further £650,000 in add-ons in the package based on first-team appearances and achievements.
The English champions have also arranged for a whopping THIRTY PER CENT of any sell-on fee for their academy graduate who impressed last season as the under-18s reached the FA Youth Cup Final.
Dutch-born Frimpong, in a report in The Sun, admitted: “I joined Man City as a nine-year old. I have come a long way, but the ride has been amazing.
“There have been some highs and some lows, but I have always given my best for this shirt.
“I feel privileged to have been part of such a club.
“Team-mates, coaches, staff and fans have always been amazing to me and I will never be able to repay them.
“I came as a boy, leave as a man. Man City will always be in my heart.”
Frimpong was joined at Parkhead with Manchester United’s 19-year-old centre-back Lee O’Connor who was another eleventh-hour arrival.
The Republic of Ireland Under-21 ace also agreed a four-year deal with the Hoops.
Neil Lennon has looked to the future in the summer transfer window and has brought in exciting young talent in midfielder Luca Connell, £350,000 from Bolton, and striker Jonathan Afolabi, who rejected a contract extension at Southampton.