No enquiry or bid for Hammer

29 Jun, 2023
written by Sean Whetstone

There has been no enquiry or bid for Hammer Lucas Paqueta, sources close to the Brazilian player have confirmed.

Despite social media claims, he does not have a release clause in his West Ham contract.

He recently changed agents but is not angling for a move and he is happy to stay a Hammer.

Both Newcastle and PSG have been linked in media reports with figures between £60m and £65m, but there appears no substance in those claims at present.

Every player has a price, but it would take a massive transfer fee from a big club to persuade West Ham to sell last summer’s new recruit.

Last summer West Ham described the fee as undisclosed in their press release, but Lyon went on to make an official statement confirming the price paid by the Hammers.

The statement read, “Olympique Lyonnais confirms the transfer of Brazilian international midfielder Lucas Paquetá to English club West Ham for a total amount of €61.63 million, including €18.68 million in bonuses spread over the player’s 5-year contract & 10% sell-on fee.

The total potential fee of €61.63m translates to £52.32m in sterling, and the €18.68 option translates to £16.16m in pounds. That means the transfer fee paid was around £36.16m, probably paid in three instalments at just over £12m per year. The £16m of add-ons will most likely be paid based on appearances, European qualification and league position, as is the usual case.

Paqueta has probably cost the Hammers around £40m to date, so a  theoretical sale to PSG at £70m could yield an immediate £30m profit, although Lyon would get £3m of that,

 

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Player Links & Rumours Rated

Ratings will be updated as transfer window develops.

Player

Position

Age

Club

Potential Cost

Rating

Conor Gallagher

CM

23

Chelsea

£35m

Conor Gallagher

CM

23

Chelsea

£35m