Monday, July 24, 2017

Schalke set to sign Renato Augusto

German media outlet Bild has learned that Schalke are set to complete the signing of Brazilian midfielder Renato Augusto from Corinthians.

The same source had earlier suggested that the Miners had selected the former Bayer Leverkusen footballer as a replacement for Julian Draxler, but his current employers didn’t seem too keen on letting him leave.

However, Bild has now learned that Schalke have matched an €8 million release clause in the player’s contract, thus virtually wrapping up the deal.

His former club Bayer Leverkusen will also secure a hefty payout seeing as they are entitled to 40% of the transfer fee.

Meanwhile, Renato Augusto will return to German Bundesliga some three years after leaving die Werkself for Corinthians, whom he recently helped lift the league trophy.

The 27 year old had previously spent several successful years at Bay Arena, making 101 league appearances and scoring 9 goals in the process.

ABOUT THE AUTHOR

Nemanja Lazarevic


Working as editor-in-chief at Soccernews.com, Nemanja Lazarevic is responsible for organising and managing the team of writers to ensure the content produced on the site meets high industry standards and remains interesting to our readers. As our go-to guy for the football transfer news, he uses an extensive experience in the industry to dig up latest transfer stories from local sources.

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