Wolverhampton Wanderers

Wolves: Benfica legend Luisao ready to be announced – £60,000+ a week

It is very rare that a legend from one club, a prominent cluub playing at the highest domestic level, will choose to move country, drop down a level of competition and end his career there. But that is what is about to happen with Benfica’s legendary centre-back Luisao according to the Sun who quote Portuguese publication O Jogo.

News broke four days ago, in The Mirror, that Championship side Wolves were in the market for Benfica’s  Brazilian centre-back Luisao, a player who’d spent the last 13 years of his career in Portugal with Benfica after signing from Brazilian side Cruzeiro for a fee of £850,000. He will join ex-Benfica team-mates Helder Costa, Silvio and Joao Teixeira at the West Midlands club.

Wolves will be getting a player that can be not only considered an excellent defender but also a club legend at Benfica, for whom he made 458 appearances over his 13-year stay there.

Now Portuguese publication O Jogo report that the deal is on the point of being announced after being finalised by the President of Benfica Luis Felipe Vieira, who has dealt with the fine details in person. O Jogo say that Vieira: “started the week in London to announce the transfer [of] Luisão to Wolverhampton and fine tune the last details of the parting of the red idol.”

O Jogo go on to indicate the level of the deal that Luisao will be getting when he transfers from the Portuguese Liga NOS to the English Championship. They state that the 35-year-old Brazilian “already will [be] saying goodbye to colleagues and friends, having agreed to sign for two seasons” at Wolves for which he will be paid an annual salary of “about €2m (£1.73m) tax-free.” If that is the case, as reported by O Jogo, that his annual salary “tax-free” is to be £1.73m, then in order to grant him a guarantee like this his weekly wage will have to be in the region of £63,000* in order to satisfy this and keep HMRC happy.

*Yearly salary would need to be around £3.25m to guarantee a “tax-free” amount of £1.73m p/annum (£33,315 p/week)
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