Olimpia surpasses $5 million in transfer income
Translated from Spanish, summarized and contextualized by DistantNews.
At a glance
- Paraguayan club Olimpia has surpassed $5 million in transfer income for the current transfer window.
- The club generated this income through the sale of percentages of player rights, allowing for future earnings based on player performance.
- Key transfers include Diego Joel Torres to Iran, Hugo Quintana to Ecuador, Adriรกn Alcaraz to Mexico, Facundo Insfrรกn to the UAE, and Allan Wlk Durรฉ to Argentina.
Paraguayan football giant Olimpia has announced its transfer income has exceeded $5 million in the current market, boosted by the sale of a percentage of rights for a player developed in its youth academy. The club, based in the Mariscal Lรณpez neighborhood, has strategically sold portions of player contracts to ensure potential future earnings contingent on the players' performance abroad.
Recent transfers contributing to this figure include the sale of winger Diego Joel Torres (23) to Chadormalu SC in Iran for $200,000, representing 50% of his rights. Torres had previously played in Brazil and joined Olimpia in 2019. Other significant deals involve Hugo Quintana, whose 50% rights were sold to Independiente del Valle in Ecuador for approximately $2 million. Adriรกn Alcaraz moved to Pachuca in Mexico, generating $1.8 million for 70% of his rights.
Further bolstering Olimpia's finances, Facundo Insfrรกn's transfer to Al-Wahda FC in the United Arab Emirates brought in $700,000 for 50% of his rights. Allan Wlk Durรฉ's move to Lanรบs in Argentina yielded an estimated $750,000 for 80% of his rights. Cumulatively, these transactions bring the total income for the most decorated club in Paraguayan football to approximately $5.45 million.
Originally published by ABC Color in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.