May 4, 2024

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This is the Olympiacos deal for Kostinias

This is the Olympiacos deal for Kostinias

Olympic



Costinha in a Rio Ave shirt
Pedro Reyes/SPP/ALAMY/VISUALHELLAS.GR

The reason for the announcement, so far, of the agreement to purchase Costinias from Olympiacos and his summer inclusion in the list of the “red and white”, who have already paid 2.5 million euros for the Portuguese right-back, leaving 30% of the rights to Rio Ave, with the signing of a four-year cooperation contract.

There was no addition of a right-back on the horizon, least of all a right-back to boost Olympiacos’ transfer. For this reason, the information that emerged from Portugal that, wearing the “red and white” uniform, Costinha, the extreme defender of Rio Ave, made a big impression.

The information was confirmed that the international defender joined the “small” Portuguese teams to Olympiacos in the summer. The reason for concluding and publishing the agreement now is to enhance the cash flow of Rio Avi, whose capital is expected to pass during the month – based on a related agreement – into the portfolio of Olympiacos owner, Vangelis Marinakis. .

Thus, with Costinha out of the list, it was decided that Olympiacos would buy him outright, keeping him at Rio Ave in order to reinforce his effort to stay in the Portuguese league and come to Greece in the summer.

The €2.5m announced as a fee for the 23-year-old right-back is the exact amount of the deal, with further details as reported. Sport24 He pointed out that Rio Ave retains 30% of Costinha’s rights, while signing a four-year cooperation contract with Olympiacos.

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