Botafogo agree terms with Ferraresi, Newton joins São Paulo for free | OneFootball

Botafogo has reached a verbal agreement with center-back Nahuel Ferraresi and his representatives for the player’s permanent signing, with a contract expected to run for three seasons.

The resolution of the contractual deadlock between the Rio club and the Venezuelan’s camp allowed negotiations to resume in a swap deal involving São Paulo midfielder Newton.

At present, the parties are handling the paperwork and bureaucratic procedures to formalize and announce the agreements.

Financial Structure of the Deal

From the outset, negotiations between the two boards included mutual financial compensation, a model that had been temporarily put on hold due to the initial refusal of the Venezuelan player’s agents.

To make the transaction possible without a direct impact on the cash flow of either institution, the clubs structured the following model:

Equivalent values: São Paulo’s acquisition of Newton was set at around €3 million (about R$18 million), the same amount established for Ferraresi’s sale to Botafogo.

Credit offset: With the amounts matching, the teams carried out a cross-settlement of the debts.

In practice, São Paulo gave up the center-back’s economic rights to facilitate Newton’s arrival at Morumbi without the need for an immediate cash outlay for the transfer.

This article was translated into English by Artificial Intelligence. You can read the original version in 🇧🇷 here.