Francisco Conceição Completes Permanent Move From Porto To Juventus

‎The transfer extended past the agreed deadline, but Francisco Conceicao has officially left FC Porto and is now a permanent Juventus player.

‎The Old Lady paid €32 million for the Portuguese international, who has signed a contract with the Serie A club until 2030.

‎”FC Porto have reached an agreement with Juventus Football Club for the permanent transfer of the sporting registration rights and 100 per cent of the economic rights of Francisco Conceicao for a fixed sum of 32 million euros,” Porto’s official statement read.

‎”FC Porto also informs that Francisco Conceicao has waived, in the context of this transfer, the right to receive 20% of the net amount of the transfer. So FC Porto will guarantee the full 32M and achieve a total cash inflow of 41.5M, adding the amount of 9.5M as a loan for the player in the 2024/25 season,” the statement continued.

‎Initially, the Italian club proposed a phased payment plan over five years, which Porto rejected.

‎However, according to sources, the payment will now be made over four years.

‎To approve the deal, FC Porto set a deadline for Conceicao to relinquish the 20 percent share of the transfer rights specified in his contract, which would amount to six million euros.

‎The Portuguese international ultimately agreed to the Dragons’ terms and returned to Juventus permanently.

‎Last season, the left-footed player scored seven goals and provided four assists in 40 appearances for Juve.