West Ham Finalizes Instalment Deal for Lucas Paquetá Transfer to Flamengo
West Ham United has reached an agreement with Flamengo regarding the transfer of Lucas Paquetá. The deal involves a transfer fee of £35.78 million ($48.9 million), which will be paid in 24 monthly instalments. However, Flamengo is currently discussing how to structure these payments to maintain its budget stability.
Details of the Lucas Paquetá Transfer
Paquetá’s transfer does not include any performance-related bonuses. The Brazilian club initially planned to pay £30 million upfront, accounting for approximately 85% of the total fee. The remaining £5.5 million was to be paid in instalments. This plan has now been revised as Flamengo president Luiz Eduardo Baptista seeks a more manageable payment structure, allowing the club to invest in additional player signings during the season.
Flamengo’s Financial Strategy
- Transfer fee: £35.78 million ($48.9 million)
- Payment period: 24 monthly instalments
- Initial payment plan: £30 million upfront, £5.5 million later
A source close to the negotiations expressed concerns that if the deal proceeds as West Ham intends, Flamengo could face financial risks. They emphasized the importance of ensuring the payment plan does not jeopardize the club’s fiscal health, even in challenging financial years.
Player Background and Future
Lucas Paquetá, who has 18 months remaining on his contract with West Ham, is eager to return to Brazil this month. He has already reached personal agreements with Flamengo that extend until December 2029. The 28-year-old midfielder joined West Ham from Lyon in summer 2022 and has made an impact with four goals and one assist in 18 Premier League appearances this season.
Since January 6, Paquetá has been absent from Nuno Espirito Santo’s game squads, leaving his future with the London club uncertain as negotiations continue.
