Monday, September 16, 2024

Portuguese Transfer Market Closes with Last-Minute Deals

The Portuguese transfer market has officially closed, marking the end of a busy summer window. Clubs across the country made significant moves, both in terms of acquisitions and sales, leading to a dynamic shift in team rosters.

Financial Overview

The summer transfer window saw Portuguese clubs making a net profit of €189.72 million. This was achieved by earning €372.87 million from player sales while spending €183.15 million on new acquisitions. The financial activity highlights the strategic moves by clubs to balance their books while strengthening their squads.

Club-Specific Highlights

Benfica

  • Total Spending: €53.5 million
  • Major Signings: Benjamín Rollheiser, Álvaro Carreras
  • Total Earnings from Sales: €146.92 million
  • Major Sale: João Neves to PSG for €59.92 million

Sporting

  • Total Spending: €52.9 million
  • Major Signing: Conrad Harder for €19 million
  • Total Earnings from Sales: €40.55 million

FC Porto

  • Total Spending: €39.1 million
  • Major Signing: Francisco Conceição (loan made permanent)
  • Total Earnings from Sales: €58 million

Most Expensive Transfers

  • Conrad Harder: Sporting acquired the 19-year-old Danish striker from Nordsjaelland for €19 million, potentially rising to €22 million with add-ons.
  • João Neves: Benfica’s midfielder moved to PSG for €59.92 million, with an additional €10 million in potential bonuses.

Conclusion

The closure of the Portuguese transfer market has brought about significant changes in team compositions. With substantial investments and high-profile sales, clubs are now set to compete with revamped squads and thankfully, we saw some financial prudence being exercised.

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