Young Argentine midfielder Thiago Almada finds himself at a critical juncture in his career following a recent loan spell at Olympique Lyonnais. The 24-year-old, originally tied to sister club Botafogo, made a notable impression during his time in France, contributing goals and assists. However, recent reports from the continent suggest his future might lie away from the familiar surroundings of Lyon, pointing instead towards the Iberian Peninsula.
Almada arrived at Lyon last winter on a free loan, stepping onto the Ligue 1 stage. Over 20 appearances across domestic and European competitions, including four outings in the UEFA Europa League, he managed to net two goals and provide five assists, showcasing flashes of creative potential. While a return or perhaps even a new loan agreement with Lyon isn`t entirely off the table, the prevailing reports indicate the player`s camp is actively exploring alternatives, seemingly seeking a different context for his continued development.
The primary suitor emerging is Portuguese giants SL Benfica. Negotiations are reportedly underway for a potential transfer valued around €28 million, specifically for 60% of Almada`s economic rights – a financial structure not uncommon in certain transfer markets. For Almada, the attraction of Benfica extends beyond just a permanent move. The prospect of competing in the UEFA Champions League (with Benfica entering the third qualifying round) offers significant sporting appeal. Furthermore, his representatives are reportedly encouraged by the prospect of a “less complicated environment” in Portugal, a subtle hint perhaps regarding the dynamics experienced elsewhere.
For Lyon, Almada`s potential departure represents a creative void on the pitch, especially following the recent loss of Rayan Cherki. Yet, paradoxically, a permanent transfer away from Lyon could prove financially advantageous for the French club. Under the terms of the prior agreement related to his initial move to Botafogo in 2024, a subsequent sale by Benfica or another European club would apparently channel funds back towards Lyon. This complex arrangement underscores the intricate financial web within multi-club ownership structures and player movements.
As the transfer window progresses, the decision regarding Thiago Almada`s future appears to be crystallizing. While a return to Lyon on loan remains a theoretical possibility, the concrete offer from Benfica, coupled with the player`s apparent preference for the Portuguese challenge and the Champions League pathway, positions the move to Lisbon as the increasingly likely outcome. This developing situation highlights the strategic financial considerations for clubs like Lyon and the player`s pursuit of the optimal environment for his career trajectory.