Liverpool won’t take advantage of a deadline in their pursuit of Otavio, if reports are anything to go by. The Reds appear to want the Brazilian.
CMJournal reported earlier in the week that Liverpool want to sign Otavio. His situation is a complex one, however.
He currently has a release clause in his Porto contract of around £35m. The Brazilian signed a new deal recently, however, that comes into effect tomorrow.
That new contract pushes his release clause up to around £52m. But it means that a club still has until July 1st to trigger the £35m figure.
It’s a race against time, then. But despite the deadline, Liverpool appear set to head in a different direction with their Otavio pursuit.
Liverpool to ignore Otavio deadline
The latest talk comes from A Bola and they believe Liverpool have actually made an offer for Otavio. They’ve put up around £20m plus Marko Grujic.
The Serbian spent last season on loan with Porto and became a first-team fixture at the end of the campaign. The Portuguese club apparently want him back permanently, so Liverpool are offering them a chance.
It also tells us that Liverpool have no intention of using that £35m clause. And for good reason – it’s hard to pay.
Release clauses typically need paying all in one lump sum, unless the ‘selling club’ is feeling very generous and is up for negotiating the same price in instalments.
But when Liverpool signed Ibrahima Konate, for instance, they paid all £36m in one go. That requires a lot of loose change.
And it’s loose change they almost certainly don’t have, seeing as the Athletic believes Liverpool must sell to buy this summer. Reports of this offer then, appears to confirm that.
So it doesn’t matter if the clause expires tonight. Liverpool don’t intend to use it anyway and hope to tempt Porto into a deal worth under that £52m figure.
Will they do that? We doubt it, in all honesty. Liverpool reportedly value Grujic at around £12m, meaning their offer was about £32m all-in.
That’s under the initial clause. If Porto were happy to deal at that price, they’d have never negotiated to increase Otavio’s price in the new contract.
We’ll have to wait and see, of course, but we won’t hold our breath on this one. There’s a lot to like about Otavio and Liverpool would do well to get him.
But as for what that would take, it’s not exactly clear.