Portsmouth have completed the transfer of striker Marko Milovanovic, though the deal contains a significant caveat: Spanish side UD Almería retain a 15% sell-on clause on any future transfer fee.
Deal structure and figures
According to reports from Spanish media, the fee payable to Almería could rise to as much as €6 million. The Andalusian club originally invested €3.5m to sign the Serbia under-19 international from Partizan Belgrade in 2022.
| Detail | Figure |
|---|---|
| Almería's original outlay for Milovanovic | €3.5m |
| Reported potential fee from Portsmouth | Up to €6m |
| Sell-on clause retained by Almería | 15% |
Player background and immediate impact
Milovanovic made 35 appearances for Almería across three seasons, scoring three goals. Last season he spent on loan at Portuguese side Alverca, where he recorded a more productive return of 10 goals in 32 outings. The 2026 summer arrival is Pompey’s fourth confirmed signing so far this window.
At Fratton Park he will join a forward line that already includes Colby Bishop and Thomas Waddingham, and is expected to provide competition for a starting place under manager John Mousinho. The addition arrives after a campaign in which the club’s recognised forwards collectively managed only five goals in all competitions, highlighting the need for reinforcements in attack.
What the sell-on clause means for Pompey
- Pompey will control Milovanovic’s immediate sporting future but any future sale will be partly shared — 15% to Almería.
- The structure limits the club’s full upside on resale, reducing the net windfall compared with a clause-free departure.
- For the player, the move represents a step into the Championship and a chance to establish himself in English football.
With Portsmouth operating a recognised player-trading model, clubs often balance sporting ambitions with future financial planning. While the Blues will hope Milovanovic develops into a valuable asset on the pitch, Almería’s retained percentage ensures they remain positioned to profit if his value rises.
Local context and next steps
Supporters will be watching pre-season closely as Milovanovic battles for minutes and aims to adapt to the Championship’s physical demands. The club’s recruitment so far this summer suggests an effort to address weaknesses up front, and the new signing adds a different profile to the squad.
Further updates on Milovanovic’s progress and any additional transfer business will be reported as they are confirmed.
