Juventus have officially terminated their contract with Gonzalo Higuain by mutual consent, which has a negative effect worth €18.3m on their finances.
Despite saving on his salary, letting the striker leave with no transfer fee a year early still sees his value drop significantly.
A statement released by Juventus confirms the early termination ‘generates a negative economic effect on the 2019/20 balance sheet worth €18.3m, due to the residual devaluation of the player.’
The Bianconeri paid the €90m release clause to get Higuain from Napoli in the summer of 2016.
He had unsuccessful loans at Milan and Chelsea in 2018-19, then was told by new coach Andrea Pirlo that he was not part of their plans for this season.
Higuain is already in America, where he’ll sign for new MLS franchise Inter Miami CF.