Porto Planning Huge Clear-Out Due To Financial Situation
Portuguese side FC Porto are planning a massive clear-out given their current financial situation.
For years, the club have had a knack of producing and developing a whole host of elite level players before selling them on for incredible profit, even though they have not necessarily been in a position to sale, big-money departures such as Radamel Falcao, Joao Moutinho and James Rodriguez being prime examples.
However Porto's current situation is a lot different, with respected Portuguese journalist Jan Hagen reporting that the club are down 116 million euros on operational costs.
Confirmed: Porto plan to make close to €116m on player sales during the 2016/17 season in order to get a financial positive result. Insane. pic.twitter.com/ItYmEz2ky5- Jan Hagen (@PortuBall) October 27, 2016
And in order to get a positive financial result and become profitable, the only logical option is to get rid off a number of high-profile players in the squad, which is mentioned in the document.
Not the most strategic plan from Porto, who've to sell half their squad, to reveal that they need to sell players for €116m to turn profit. pic.twitter.com/Oz8eAKgW8k- Jan Hagen (@PortuBall) October 27, 2016
They will need to recoup 115.781m in player sales, which equates to a £104m. Don't be surprised to see the likes of Brahimi, heavily linked with Everton in the summer, Andre Silva, Hector Herrera, Ruben Neves and others out the door in the near future.
The Dragons have about 64 players on loan though, so they could always cash in on players like Juan Quintero, Vincent Aboubakar and Bruno Martins Indi to comply with the dreaded Financial Fair Play regulations.