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Fabio Vieira: Porto confirm €40m sale to Arsenal - The Athletic

Porto have confirmed the sale of attacking midfielder Fabio Vieira to Arsenal for a fee potentially rising to €40 million (£34.26 million).The Athletic...

  • Posted on 17th Jun, 2022 11:19 AM
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Fabio Vieira: Porto confirm €40m sale to Arsenal - The Athletic Image

Porto have confirmed the sale of attacking midfielder Fabio Vieira to Arsenal for a fee potentially rising to €40 million (£34.26 million).

The Athletic reported on Thursday that the 22-year-old was close to signing for Arsenal. Vieira travelled to London to sign a five-year contract yesterday evening.

An announcement is expected imminently.

Porto said in a statement released to the Portuguese stock market: “(Porto), under the terms of article 248 n1 of the Securities Code, hereby informs the market that it has reached an agreement with Arsenal FC for the assignment, on a definitive basis, of the sports registration rights of professional football player Fabio Vieira for 40M (forty million euros), of which 5M (five million euros) are dependent on the achievement of sporting objectives.

“It is further informed that the final agreement is still being finalized and is expected to be implemented in the next few days.”

Vieira made 39 appearances for Porto this season, scoring seven goals and providing 16 assists.

He can also feature as a false nine or central midfielder and has been a regular starter for Portugal Under-21.

Arsenal will pay an initial €35 million (£30 million), with a possible €5 million (£4.26 million) in add-ons.

It is thought that the signing of Vieira was driven by Arsenal manager Mikel Arteta, who has expressed his admiration of the playmaker for months.

Vieira’s signing will be Arsenal’s second incoming of the summer, after confirming the arrival of 19-year-old Brazilian Marquinhos.

Vieira, who had been on holiday in Greece, will join a young nucleus of attacking midfielders including Martin Odegaard and Emile Smith Rowe.

Fabio Vieira: Porto confirm €40m sale to Arsenal - The Athletic View Story

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