Arsenal and Barcelona will have to pay €50 million to sign Estevao, with the 15-year-old set to sign professional terms with Palmeiras.
According to Goal Brazil, Arsenal, Barcelona, and other suitors for Estevao will have to pay €50 million to sign the 15-year-old Brazilian prodigy. The youngster is set to sign professional terms with Palmeiras, including a €50 million termination clause.
Palmeiras are bracing themselves for approaches for some of their young attacking players. Having seen Endrick’s name dominate the news for a few months, Estevao could become the next trendsetter from their ranks. The latter is a 15-year-old Brazilian prodigy who looks like a big prospect.
Endrick is 16 and is already on the verge of joining Real Madrid. The Spanish giants have reportedly agreed on a deal with Palmeiras, although Brazilian football rules prevent youngsters from leaving before they turn 18. Barcelona were keen on the youngster but ceded their pursuit after it was clear the player was headed elsewhere.
Barcelona immediately switched their attention towards Estevao, another of Palmeiras’ emerging talents. Joining the Catalans are Arsenal, who are also interested in exploring a move for the Brazilian prodigy.
O meia Luís Guilherme (16) e o atacante Estevão (15) estão inscritos para jogar a Copinha 2023.
Outros nomes não foram revelados.
🗞 @UOLEsporte pic.twitter.com/OO036bivM7
— Palestra News 11x (@Palestra_News_) December 4, 2022
Barcelona are interested in investing in the Brazilian youth, who will only join the club when he turns 18. In the meantime, Palmeiras are aware of European sides coming in for their young stars and looking at ways to acquire them on the cheap.
Hence, they have reportedly found a breakthrough in negotiations with Estevao’s family and seemingly agreed on a new contract. The player is set to sign professional terms until 2026 with a release clause of €50 million. Now, clubs might look to negotiate on the price, but the Brazilians are unlikely to make adjustments.
The €50 million price tag seems a good bet on a player for whom Palmeiras will hold 80% of the economic rights and the rest 20% remaining with Estevao’s family. The price range will also make some clubs think, although PSG already made an offer close to that number.
The likes of Arsenal will be willing to pay up and seek a player who is so highly rated. However, Barcelona are also similarly keen, but their financial situation will prove difficult for them to commit to a future transfer at this time.
