The Sheffield Star understands that should Sheffield Wednesday wish to permanent sign centre back Frederico Venancio from Vitoria de Setubal, then it would cost them £800,000. This comes after Portuguese sources had claimed it would cost in excess of £2million.
The 25-year-old has returned to Portugal following a one-year loan stint at Hillsborough. He became a favourite under Jos Luhukay following his appointment, leading to him becoming a regular starter. In the end, Venancio made 25 appearances for the Owls, and the club are looking into the prospect of a permanent switch.
Venancio has also become a big favourite with the Sheffield Wednesday supporters as well. The player himself has stated clearly that he would indeed entertain talks over remaining at the club. When originally snapping him up on loan, under then boss Carlos Carvalhal, the club retained an option to make it permanent. This clause however expired a few months ago.
Luhukay wants to keep the player at the club and has made it his number one job for the summer with regards to player recruitment. More new faces are expected at the club, as they look to mount a challenge for a play-off position. They ended the campaign strongly, but endured a difficult period where they struggled for victories. Carvalhal began the helm at the club on the back of successive play-off appearances, but departed to make way for Luhukay, a surprise appointment at the time.
Venancio has said that he ‘loves the club, the city and everyone who works at the club’.