PEDRO PORRO’S deal to Tottenham is a loan with an obligation to buy.
Spurs are believed to be paying Sporting a loan fee of £4.4million with an obligation in of £37.3m.
It is similar to the deal Spurs pulled off for World Cup-winning centre-back Cristian Romero from Juventus in 2021.
The transfer for right-back Porro looked on the brink of collapsing before deadline day.
His Portuguese club were reluctant to sanction the move until they were happy with the finances involved in the package.
However, now that has been ironed out, Porro will undergo his medical ahead of the move.
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And he WILL be able to play in Tottenham’s last-16 Champions League clash against AC Milan next month.
That is despite the wing-back already featuring for Sporting Lisbon in the competition this season – playing against his new club Spurs.
But due to Uefa’s registration rules, he will be eligible to turn out in the San Siro for Antonio Conte on Valentine’s Day.
Manchester City expect to earn a tidy £10m windfall from Sporting Lisbon when Porro completes his permanent move to the Tottenham Hotspur Stadium in the summer.
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When City sold Porro to Sporting for £11m last summer – although only £7m has been paid so far – they included a clause in the deal that entitled them to 30 per cent of the profit that the Portuguese club made from the full-back’s next move.
And with the profit Sporting will make on Porro possibly rising to as much as £34m, City could get £10m of that.
Sporting are closing in on a permanent deal for ex-Arsenal defender Hector Bellerin as a replacement for Porro.
Porro’s arrival in North London made way for Matt Doherty to join Atletico Madrid while summer signing Djed Spence could go out on loan, if a deal can be done in time.
The 22-year-old has been in talks with Ligue 1 side Rennes where he could team up with fellow Spurs bench-warmer Joe Rodon.
Source: Soccer - thesun.co.uk
