Rennes set to sign Charlie Cresswell from Toulouse in deal worth about €28 million

The 23-year-old English centre-back is expected to join Stade Rennais FC on a five-year contract, with Leeds United due a 15% sell-on payment from the transfer.

Summary

Charlie Cresswell is set to leave Toulouse FC for Stade Rennais FC in a deal valued at about €28 million, including €3 million in potential bonuses, marking a sharp increase from the roughly €4.5 million Toulouse paid Leeds United in July 2024. Rennes has agreed in principle to a €25 million base fee and Cresswell is expected to undergo a medical before signing a five-year contract. Leeds, which retained a 15% sell-on clause when it sold the 23-year-old English centre-back, stands to receive about £2.6 million, or roughly €3 million, from the move. Cresswell’s rise in Ligue 1 drew reported interest from Brighton, Crystal Palace and Manchester United, but Rennes moved fastest. His Transfermarkt valuation is now about €25 million, underscoring how regular top-flight minutes in France helped turn him from a promising prospect into a high-value transfer asset.

Terms & Concepts
  • sell-on clause: A transfer provision giving a former club a share of a player’s future sale.
  • medical: A pre-signing physical assessment clubs use before completing a transfer.
  • amortization: The accounting practice of spreading a transfer fee over the length of a player's contract.