There is now a formal agreement between Wolves and Manchester City for the transfer of Matheus Nunes.
Yesterday, a verbal agreement was in place.
But now, the clubs have finalised things and Nunes has been given permission to travel to City to undergo a medical.
It is being reported that the final agreement is £53.2 million. There are apparently no add-ons in the deal.
And Wolves will receive young midfielder Tommy Doyle in a seperate transaction.
Doyle will join Wolves on loan, and Wolves will have the option to buy the player for £5 million next summer.
It is a very interesting deal, and there are a couple of clauses involved that have now been shared…
With the Nunes deal, Wolves have negotiated a 10% sell-on clause on any profit City make on Nunes in the future.
And with Doyle, City have negotiated a whopping 50% sell-on clause for any profit Wolves make on Doyle in the future.
Both players should be undergoing medicals at their prospective new clubs today.
Not a bad deal for Wolves all things considered
In the end, this is a decent deal for Wolves.
Wanderers are getting rid of a player who no longer wants to be at the club, and the club will now not be risking dressing room disharmony.
They have managed to turn a profit, on a player who definitely underwhelmed last season.
Yes, Nunes can be incredible on his day. But those days just didn’t come often enough for Wolves.
And Wolves are getting a really talented young player in Doyle in return. It has been suggested that Wolves valued him at about £15 million, so to get him on loan with an option to buy for £5 million is good.
It is a bit of a shame about that huge 50% sell-on clause. But perhaps there was simply no other way Doyle would come.
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