PSG Secures Joao Neves for 69.9M€ in Summer Transfer Deal

As the summer transfer window closed, Paris Saint-Germain (PSG) wrapped up their acquisitions with four new signings. Among these, the addition of midfielder Joao Neves from Benfica stands out, addressing a key area of need for the club. The young Portuguese talent has made an impressive start, and now Benfica has revealed the details surrounding his transfer.

On August 5, PSG officially announced the signing of Joao Neves. Although initial reports suggested that the club was hesitant to meet his €120 million release clause, negotiations eventually led to a successful agreement. Benfica granted a significant discount, reducing the transfer fee by nearly €50 million. While Benfica had initially relied on the player’s buyout clause, the final deal settled at €70 million.

Transfer Breakdown: €59.9M + €10M in Bonuses

According to a report released by A Bola on Sunday, which detailed the summer transfer activities, Benfica disclosed that Joao Neves was sold for €59.9 million. Additionally, potential bonuses of €10 million linked to various performance targets could bring the total cost for PSG to €69.9 million.

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Excitement Surrounding Joao Neves

Beyond the financial aspects, PSG is thrilled to welcome Joao Neves. Following the signing, club president Nasser Al-Khelaïfi expressed his enthusiasm: “We are delighted to welcome João Neves to the Paris Saint-Germain family. João is one of the most talented players in Portugal and the world. He joins Paris Saint-Germain with great passion and is determined to fight for our jersey, which is what we expect from all our players. We continue to build a fantastic young team at Paris Saint-Germain—based on teamwork, talent, and collective spirit—that is the foundation of our club’s bright future.

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MagicPaname

I’m MagicPaname, the founder and lead writer of MagicPaname.com. A lifelong PSG fan, I created this site to share my passion for the club with supporters around the globe. Every day, I strive to deliver insightful analysis, exclusive news, and a unique perspective on all things Paris Saint-Germain. My goal is simple: to unite fans under the red and blue flag by providing top-quality content that’s accessible to everyone.

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