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Fri Apr 25 09:09:21 SAST 2014

Chelsea agree fee for Hulk

Sapa-dpa | 01 June, 2012 11:580 Comments
Porto's Hulk de Sousa (front) celebrates his goal against Sporting Lisboa during their Portuguese Premier League soccer match at the Dragao stadium in Porto May 5, 2012
Image by: Miguel Vidal / REUTERS

Chelsea’s rebuilding work continues apace with reports on Friday that the club has agreed a 38 million pound (R502 million) deal to sign Brazil forward Hulk from Porto.

The deal remains subject to personal terms being agreed and Hulk passing a medical.

Porto had always insisted they wanted the full 100 million Euros (123 million dollars) stipulated in Hulk’s release clause.

According to the Guardian, that figure was misleading and the true release clause was 60 million Euros.

The Portuguese club ended up trying to keep the fee above 40 million pounds but were haggled down.

With Eden Hazard expected to completed a 32 million pound move soon and deals for Marko Marin and Kevin de Bruyne already done that represents an astonishing outlay, particularly for a club without a manager.

Robert Di Matteo’s contract expires at the end of June and there is no indication, despite his success in the FA Cup and Champions League, that he will be retained.

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Chelsea agree fee for Hulk

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