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Ivan Marcone’s obligatory buyout clause triggered

Mon 23 November 2020 | 9:24

Ivan Marcone, the Argentine midfielder, will stay in Elche permanently.

The 30-year-old appeared in five matches for The Green Striped Ones counting the tie 1-1 with Levante leading his compulsory purchase, which was part of his loan deal, come into action.

The Argentine midfielder will be purchased €4.2m for his rights to be turned over to


by Christian Bragarnik. The reason behind the current structure of the deal was for the transfer to be registered next season rather than this one courtesy of liquidity absence.

The payment will be gradually written off through the years stated in the contract signed by the midfielder.

Elche manager,


, had approached and headhunted the player when coaching him during the match with Lanus. Ivan has impressed the club with his first appearance in European football.

I’m very happy to be here,”



“The club and my teammates have really welcomed me. We are going to give everything to continue winning and improving. We’ve done a lot of good, and we’re going to continue on this path of never giving up


Marcone’s career started off in

Arsenal Sarandi

. He then moved to


In 2018, he joined the Mexican club,

Cruz Azul

. After a few months he signed for


, he joined Elche on a loan deal in 2020.

source: SportMob