According to O Jogo, Juventus have finally made the formal €30m offer for Francisco Conceicao, but there is a race against time to resolve some big details with FC Porto.As already reported, the rel...
According to O Jogo, Juventus have finally made the formal €30m offer for Francisco Conceicao, but there is a race against time to resolve some big details with FC Porto.
As already reported, the release clause is only active at €30m until midnight tonight, at which point it will automatically rise to €45m.
The Bianconeri have tried and failed to get a cheaper deal after he spent last season in Turin on loan, an experience that came at a cost of €10m.
They ultimately conceded that the price would not drop below €30m, but seeing as they want to pay it in three instalments rather that in one go, it won’t formally be an activated release clause.
Francisco Conceicao deal will be complex for Juventus
Nonetheless, O Jogo in Portugal point out there are still quite a few details that have to be resolved and Porto insist on getting a basic deal in place before midnight.
As already reported in Italy this morning, Conceicao is giving up €3m to help push the move over the line, but that is only half what he would be owed for the transfer.
As part of the contract, he would get 20 per cent of the fee if it was organised outside of the release clause, which at €30m would be €6m.
Agent Jorge Mendes is working hard to broker the agreement and it remains to be seen who will pay that outstanding €3m to Conceicao.
FC Porto want written confirmation first that this issue will be covered before going ahead with the transfer.
Category: General Sports
