On Tuesday it was officially announced that Otavio is a reinforcement of al-Nasr. FC Porto told CMVM that the deal was completed for 60 million euros.
Read the FC Porto CMVM statement:
“Futebol Clube do Porto – Futebol, SAD, in accordance with Article 29 Q of the Securities Code, hereby informs the market that it has reached an agreement with An-Nasr Football Club to transfer registration rights on a definitive basis. professional football player Otavio Edmilson da Silva Monteiro (Otavio) in the amount of 60 million euros (sixty million euros), deducted from the amount of solidarity due to third parties.
It is further reported that the property rights of the player, owned by Coimbra Esporte Clube (32.5%), were reviewed, as a result of which they were assigned a fixed amount of 12,750,000 euros (twelve million seven hundred and fifty thousand euros).
In addition, it is reported that the charges related to this transaction have already been cleared at the player’s contract renewal in March 2021.”
Author: write down
Source: CM Jornal
I’m Dave Martin, and I’m an experienced journalist working in the news industry. As a part of my work, I write for 24 News Reporters, covering mostly sports-related topics. With more than 5 years of experience as a journalist, I have written numerous articles on various topics to provide accurate information to readers.