 Beckham was sold in June |
Manchester United have reached an agreement with Real Madrid to receive �11m of the transfer fee for David Beckham in a lump sum. United were originally due to receive �12m in equal instalments over four years but will now receive �11m up front.
The new terms will see United receive �1m less but allow them to bank the money immediately.
The club have already received about �5m of the �25m transfer fee with the rest being subject to Real's performances in the Champions League.
Under the deal, the club will collect �875,000 each time Real qualify for the Champions League over the next four seasons. The same amount is also payable if the Spanish club go on to reach the quarter-finals of the competition in those seasons.
United and Real reached agreement over the sale of England captain Beckham in June.
MMIX
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