PSG's million-dollar bid for Joao Neves sparks transfer drama

To strengthen their midfield, PSG appears to have earmarked Joao Neves for this summer transfer window. However, this transfer saga is expected to be lengthy, considering SL Benfica's financial demands.

In recent weeks, Joao Neves' name has been echoing around Paris. The young Portuguese player, trained at SL Benfica, is under contract with his home club until June 2028, with a market value estimated at €55 million on Transfermarkt. However, his contract includes a release clause of €120 million, a sum Benfica's management hopes to secure to release their gem.

READ MORE: What Luis Enrique can learn from France's Euro exploits

PSG's million-dollar bid for Joao Neves sparks transfer drama

Discussions between PSG and SL Benfica have been intense. PSG considers this amount excessive and has already faced two rejections for offers of €75 million and another of €90 million, which included a player whose identity has not been disclosed.

Meanwhile, Paris Saint-Germain continues negotiations with Manchester United for the potential transfer of Manuel Ugarte. In this operation, the capital club could recover funds that would allow them to improve their offer for Joao Neves to SL Benfica.

Portuguese media outlet Record reports that PSG intends to increase their offer while still staying well below the €120 million release clause in Joao Neves' contract. Therefore, negotiations are ongoing and promise to be long and complex.

Joao Neves' agent, Jorge Mendes, also plays a crucial role in this matter. Known for his close relationships with PSG's management, Mendes could facilitate an agreement between the two clubs. However, Benfica's high financial demands remain a significant hurdle.

Meanwhile, PSG continues to explore other options to strengthen their midfield while keeping a close eye on the development of the Joao Neves situation. The 2024 summer transfer window promises to be exciting for Parisian supporters, with many twists and turns expected.