Botafogo strike deal with Ferraresi, Newton joins São Paulo 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 impasse between the Rio club and the Venezuelan player's camp allowed negotiations to resume in the form of a swap 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

Negotiations between the clubs’ executives had, from the outset, 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 either club’s cash flow, the clubs structured the following model:

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

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

In practice, São Paulo transferred the center-back’s economic rights to make Newton’s move to Morumbi possible without the need for an immediate cash payment for the transfer.

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