Atletico Madrid, Benfica Seek Thiago Almada Transfer in Summer Talks

Thiago Almada, the talented Argentine midfielder currently under contract with Brazil's Botafogo and on loan at Olympique Lyon, is attracting renewed interest from Atletico Madrid as they seek to bolster their attacking options. Atletico, who nearly signed Almada in January 2024, have reengaged in negotiations amid competition from Portuguese club Benfica, which has offered around €28-30 million for a majority stake in the player’s rights. Almada, valued at approximately €25 million and under contract with Botafogo until 2029, has impressed with his performances in both Ligue 1 and international play for Argentina. While Lyon holds economic rights to Almada through Eagle Football, regulatory and ownership complexities have complicated his future, prompting Botafogo to seek a definitive exit. Benfica's appeal includes Champions League qualification and a less complicated environment, but Atletico's interest under Diego Simeone remains strong, making a summer transfer possible. The outcome hinges on ongoing negotiations between the clubs and Almada’s camp as both European suitors pursue the 24-year-old midfielder.