Portuguese Report: The release fee Benfica put in Celtic man Jota's contract last year
Benfica may have provided Celtic with an affordable option to buy clause for Jota, but it’s certainly a long way from the release clause in the player’s contract.
Portuguese outlet Record have reported that the Hoops could buy the player outright for €7.5m [£6.4m]. This will only happen if he has a successful season in Glasgow and Celtic want to make it a permanent deal.
However, back in January 2020, Record reports that Jota had a massive €88m [£75.5m] release clause placed into his contract.
This came after some buzz was created around him after his performances at the U19 Euros in 2018. He finished joint top-scorer and was named in the Team of the Tournament [UEFA].
The deal was signed and the player extended his contract until the summer of 2024.
It’s not unusual for Portuguese clubs to slap hefty release clauses into a player’s contract. Especially when you consider the amount of big-money deals the likes of Benfica and Porto do for their top stars. However, if Celtic did decided to bag Jota, it would be for a figure over 12 times less than what his parent club hoped he would go for.
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Benfica provide Celtic with a talent that needs a place to shine
Jota never did really manage to kick on from that fine Euro campaign in 2018. He signed his new deal before dropping out of the side and heading to Real Valladoli on loan.
Again, whilst he clocked up plenty of appearances, Jota just couldn’t nail down a starting position consistently enough. His opportunities with Benfica in pre-season, therefore, were limited.
Record report that Benfica no longer see any value in keeping the player. Their decision to put an option to buy in the deal represents that. But it’s now down to the left-winger to earn a long-term deal in Glasgow and show he can play at an elite level.
He’ll get his opportunities here, that’s for certain. Celtic don’t even have a capable left-winger available to compete with him. The likes of Mikey Johnston and Karamoko Dembele are sidelined. Ryan Christie, meanwhile, has left for Bournemouth.
But there’s something about Jota that made Benfica believe he was worth investing in. The fact he’s played 34 games for the first team is full proof of that too. There’s a talent there, but it needs a place to blossom.
Will Celtic Park be that venue? If it is, we’re in for a massive bargain this summer.