Fabrizio Romano reports that Arsenal have at last put pen to paper on the transfer of Marquinhos from Sao Paulo to North London. All the details are now complete for a permanent €3.5m (£3m) move.
19-year-old Marquinhos is signing a five-year contract with Arsenal and is now set to be announced by the Gunners.
Just days ago, Marquinhos was seemingly saying farewell to Sao Paulo on his Instagram story, writing: “Gratitude for this wonderful place. Will always be in my heart.”
Globo Esporte reported last week that Arsenal had secured the signing of Marquinhos from Sao Paulo, pushing to get the deal over the line after a Dutch side tried to hijack the move.
Marquinhos has already passed his medical, and he’s set to return to England to link up with his new teammates in the coming weeks.
The Daily Mail recently reported that Marquinhos had signed a pre-contract agreement to join Wolves in the summer before Sao Paulo decided to offer him to Arsenal.
Arsenal quickly wrapped up a deal, but Wolves believe their agreement with Marquinhos is legally binding and looked to make a legal challenge. The Daily Express report that the dispute has now been settled.
When Marquinhos signed his first professional deal in 2019, he agreed a five-year deal with Sao Paulo.
That length of contract is allowed by the Brazilian Football Confederation, but FIFA do not recognise first professional contracts longer than three years.
So, according to FIFA, Marquinhos is out of contract this summer, and Sao Paulo were unable to convince him to extend.
As a result, the young winger is technically under contract according to his local federation, but that contract wouldn’t hold up if put to FIFA. The simplest solution for Sao Paulo was to sell cheap.
Arsenal opted to pay a minimal fee to get the signing done and build a relationship with Sao Paulo.