Juventus reach €32m agreement with Porto but need Francisco Conceicao to give up big fee to seal transfer

According to Sky Italy, the Bianconeri have agreed to pay €32 million (£28m/$37m) for the Portuguese winger, broken down into four instalments of €8m. That is on top of the €9.5m already paid for his loan last season, bringing the total package close to €40m (£36m/$45m). However, the deal can only be completed if Conceicao waives the 20% stake of the transfer fee that is owed to him. This clause is the final stumbling block before the move can be made official, with Porto giving him 24 hours to sign the document.

The 22-year-old made a strong impression during his loan spell at Juve, scoring seven goals and providing six assists in 40 appearances across all competitions. Despite interest from Everton, who were reportedly willing to trigger his €30m release clause, Conceicao made it clear he only wants to stay in Turin.

Juventus, meanwhile, are still in the market for another winger. They have made a move for Jadon Sancho, who is out of favour at Manchester United. Juve have reportedly agreed personal terms with the Englishman, but their bid falls well short of United’s asking price.

Conceicao is the son of former Porto coach Sergio Conceicao. He began his youth career at Porto in 2020 before moving to Ajax and returning to Portugal. His loan spell at Juventus was his first in Italy.

With the Conceicao deal nearly secured, Juventus are now expected to turn their attention to Sancho. While the Serie A giants have offered well below United’s asking price, the Premier League club may not have much leverage in negotiations. Sancho’s contract expires next summer, making this the final transfer window in which United can receive a fee for the 25-year-old. United, who are actively pursuing Brentford’s Bryan Mbeumo, need funds for new signings and may be forced to accept Juventus’ offer.