A loan from the Champions League club Petal in Belgium is making €3.5 million in the first year of the €2 million cash back limit on its €25m in debt, it has confirmed.
The club has already repaid €1.4 million of the money owed to the bank.
A source told the newspaper: “After receiving €1 million in dividends from the bank in 2013, Petal has already been paid €3 million in 2013 and 2014.”
The remaining €1million will be paid out in 2019.
“In addition, the club has a €2million loan from Bank of America.”
Its €5.7m in the bank at the moment, which is to pay off the €5m loan.
“It is expected that the €3million in bonus will be handed out to all the players as soon as possible.”
The Belgian Football Federation is expected to pay €5 million to Petal as part of a compensation package for the club.
Petal, based in the town of Oudenaarde, near Brussels, was founded in 1991.
The former manager, who had been managing the club for the past three years, is now the chairman.