Wolves are closing in on a deal for Matheus Cunha.
The club reached an agreement with Atletico Madrid yesterday, and personal terms are also sorted.
The 23-year-old is reportedly undergoing his medical today, and it is thought official confirmation will not be too far off.
Cunha moving to Molineux demonstrates the pulling power of new manager Julen Lopetegui.
Without him at the helm, it’s likely Cunha would not have considered Wolves given their current league position.
It is an interesting deal that Wolves have reportedly struck with Atletico.
Supposedly, he is joining the club on an initial loan basis. Wolves will then be obligated to buy him next summer.
Express & Star journalist Liam Keen reports that the obligation clause is worth £40 million.
And interestingly, he adds that the clause would still be effective even if Wolves happen to get relegated.
Some people have wondered whether Cunha would still complete a permanent move to Molineux next summer if the club did drop into the Championship.
Sometimes, players seek to have clauses put into loan contracts preventing them from being bought in the event of relegation.
It seems Wolves will definitely be forking out the money regardless of whether they’re a Premier League or Championship club.
An interesting arrangement with Matheus Cunha, but he would likely still leave in event of relegation
So Atletico would still be entitled to the money for Cunha even if Wolves got relegated.
That’s very good for them.
It’s an interesting arrangement. Perhaps Wolves aren’t in a position to pay the money right now for a permanent transfer.
Even if Wolves did get relegated and the money was then paid for Cunha, the Brazilian probably wouldn’t stick around.
It may be that Wolves would simply have to take a hit on the player after paying the £40 million to sign him. That would certainly be embarrassing, so hopefully it will not come to that.