Simao Sabrosa Joins Beşiktaş

In a statement delivered to the Istanbul Stock Exchange (IMKB), Beşiktaş Football Investments Co. announced the signing of Portuguese player Simao Sabrosa from Atletico Madrid.
The statement reads as follows:

“Beşiktaş Football Investments Co. has signed Simao Pedro Fonseca from the Spanish La Liga side Atletico Madrid to a 2.5-year contract. According to the terms of the said contract, the Portuguese player will receive € 2,200,000 for the second half of 2010-11 season, €2,500, 000 for 2011-12 season and €2,500,000 for 2012-13 season while Atletico Madrid will get €900, 000 for cancelling his contract.”