Joao Felix Will Have A €350 Million Release Clause In His Atletico Madrid Contract

Atletico Madrid have inserted a massive a €350 million release clause in Joao Felix's contract.

The 19-year old Portuguese wonderkid is slated to join Diego Simeone's side for a club-record €120 million after the club agreed to pay his release clause in full.

But Atleti are introducing a release clause of their own, highlighting how important a player he is by giving him the highest release clause in the history of the club.

Diego Costa and Antoine Griezmann were previously the owners of the highest Atletico buy-out clause at €200 million but according AS, new signing Felix will move ahead of the pair.

Super agent Jorge Mendes, who represents Felix is in line to make €36 million as he is entitled to 30% of the transfer fee.

Born in Viseu in central Portugal, Felix was in the famed Porto academy for seven years but did not make the grade at the Dragons.

He was released at the age of 14 for having a 'slight frame' - easily the most common reasoning academies come up with - and the rejection will no doubt have been tough for him.

But Porto's loss was Benfica's gain as the Lisbon outfit picked him up in 2015 and after excelling for the youth team and B side, Felix, now standing at 5'11, is one of the most exciting young talents in world football today.

Atleti have got a gem on their hands and we can't wait to see him light up La Liga.