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AC Milan And Lyon Agree Deal For Brazilian Midfielder On A Permanent Move

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The tale of Leonardo's key signing ends with a thud.

AC Milan v AC Monza - Club Friendly Photo by Mattia Ozbot/Soccrates/Getty Images

Vito Angele is reporting that AC Milan and Lyon have found an agreement on the purchase of Brazil international Lucas Paqueta. The midfielder who has fallen out of favour under Stefano Pioli will reportedly be sold for around 20 million euros.

Nicolo Schira is reporting the same and adds that Paqueta will sign a five year contract.

Gianluca di Marzio broke the story for Sky and notes that the midfielder will be leaving Milan after 44 appearances where he contributed 1 goal and 3 assists. He confirms that the move will be a permanent deal.

MilanNews.it are reporting that Milan will receive 20 million euros as well as percentage of any future resale value. The report estimates that Milan will register roughly 3.1 million euros in losses based on the amortised value of the player. This represents a good piece of business from Paolo Maldini.

Luca Marchetti via MilanNews.it is reporting that the fee will be 21 million euros and that Milan will break even on the deal for Paqueta.