Roma sign Iago Falque on permanent deal to bolster its midfield core
Roma has signed Iago Falque in a loan deal that is set to be made permanent, for a fee which could rise to nine million euros ($10 million).
The Eternal City club has paid an initial fee of â¬1 million ($1.1 million) for the 25-year-old Spaniard, with a further 7 million euros ($7.7 million) to be forked out once he has made his competitive debut.
Genoa could then receive a further â¬1 million ($1.1 million) depending on how many games he plays for Roma, which revealed its new recruit has agreed a five-year contract.
A statement on the club's official website said: "AS Roma SpA announces that the club have signed a loan agreement with Genoa CFC SpA for the services of Iago Falque Silva until June 30, 2016 for a fee of â¬1 million ($1.1 million).
"The agreement also includes a commitment to buy the player permanently for a further fee of â¬7 million ($7.7 million) monce he makes at least one competitive appearance for the club.
"Finally, the agreement also includes a performance-related bonus of a maximum of â¬1 million ($1.1 million) should the player reach certain targets. Iago Falque has signed a contract until June 30, 2020."
The much-travelled Falque scored 13 goals in 32 games for Genoa in Serie A last season following his move from Tottenham just less than a year ago.
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