Third party ownership problems will hopefully not get in the way of another summer acquisition at White Hart Lane.
Tottenham Hotspur seem to be on the brink of signing their first big name of the summer with a deal to sign Brazilian international Paulinho apparently in place to be completed at the conclusion of the FIFA Confederations Cup.
The £17 million move looks ready to be completed for the 24-year-old dynamic midfielder; especially after he had this to say this week:
‘’I feel I am ready to experience football at the highest level in Europe and the opportunity to play in England is a dream. It’s a great pleasure to be linked to such a great club like Tottenham. ‘They have a reputation as one of the great clubs in England who play exciting, attacking football which suits my style. I couldn't turn them down if they made it made me an offer. It would be a great pleasure to play for Tottenham.’
And with Corinthians themselves admitting defeat due to Spurs meeting his buy-out clause:
"The buy-out fee is 20million Euros and Corinthians can't do anything. We'll talk with him. Paulinho already knows about the offer, we told him. He asked to wait until he returns from the national team. When he comes, the final decision will be made."
And with Brazil in the final of the Confederations Cup against Spain later this evening you can be sure this move will be pushed through as soon as possible.
Last summer Spurs’ main midfield target was Joao Moutinho; with Andre Villas-Boas keen to link up with the Portuguese international once again.
On Transfer Deadline day last summer the 15% of his economic rights owned by a third-party proved to be the main stumbling block in any attempt to buy the player and in the end nothing came of it; and Moutinho recently joined AS Monaco.
Untill recently Paulinho was part-owned by three parties; Corinthians, previous club Audax Sao Paolo and a banking company called BMG. In the past both the latter companies have tried to undercut Corinthians on a deal; with Audax attempting a sale to CSKA this time last year and BMG attempting to sell their stake to Inter Milan.
It is believed his contract has been re-administered somewhat to give Corinthians and Audax joint 50-50 ownership, with BMG backing out, but it is still a major obstacle course in attempting to keep all parties happy and retain 100% of his ownership; in line with Premier League guidelines.
Luckily Spurs have started to work out this deal much sooner than the slapdash attempt for Moutinho last summer and they should be able to iron out any issues in time to snap him up before the start of the season.
The likelihood is that Corinthians and Audax will both receive £8.5 million each for his services and there will be no worries; essentially Paulinho should still be a Tottenham Hotspur player by the end of the week.
But do not be surprised if this deal hits the occasional snag along the way.
image: © visualkreator