West Ham Finalize Lucas Paquetá Transfer to Flamengo with Instalment Plan
West Ham United has reached an agreement to sell Brazilian midfielder Lucas Paquetá to Flamengo with a structured payment plan. According to reports, the transfer fee stands at £35.78 million ($48.9 million), to be paid over 24 months.
Payment Details of the Lucas Paquetá Transfer
Flamengo and West Ham are finalizing the best method to distribute the payments. Initial plans from Flamengo proposed an upfront payment of £30 million, covering about 85% of the total fee. The remaining £5.5 million was to be settled in instalments. However, Flamengo’s president, Luiz Eduardo Baptista, is advocating for a longer payment schedule. This adjustment aims to ensure the club can maintain financial stability while exploring further signings during the season.
- Total Transfer Fee: £35.78 million ($48.9 million)
- Upfront Payment (Initial Plan): £30 million
- Remaining Payment: £5.5 million in instalments
- Payment Duration: 24 months
Lucas Paquetá’s Situation at West Ham
Lucas Paquetá has not played for West Ham since January 6 as the 28-year-old navigates an uncertain future with the club. He has expressed a desire to return to Brazil, and he has already agreed to personal terms with Flamengo until December 2029. Paquetá joined West Ham in the summer of 2022 from Lyon and has recorded four goals and one assist in 18 Premier League appearances this season.
Flamengo’s Financial Strategy
Flamengo is cautious about its financial plans moving forward. A source involved in negotiations underscored their commitment to not jeopardize future budgets for the sake of the Paquetá transfer. This approach demonstrates a responsible financial strategy, allowing for additional signings while completing the deal with West Ham.
The negotiations between West Ham and Flamengo highlight a strategic approach to player transfers, reflecting both clubs’ priorities and financial models as they plan for the upcoming months.