Liverpool to pay Wolves £12m in next stage of Jota deal

March 15, 2021 0 By HearthstoneYarns

Liverpool will pay Wolves £12million this summer as part of their instalment plan for Diogo Jota, according to reports.

Jota secured a move to Anfield in September in a deal worth up to £45million.

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The 24-year-old has been a success for the Reds, scoring nine goals in his first 20 appearances.

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According to The Telegraph, Liverpool will owe Wolves £12million in the coming months due to the way they worked out Jota’s transfer.

Rather than pay Wolves a lump sum of £41million, plus £4million in add-ons, Liverpool decided to split the money up.

They paid just £4million up front and a further £1million in December.

The £12million is the next stage of their instalment plan, with the rest due to be paid in the following months and years.

The two Premier League sides decided on the deal as a result of the COVID-19 pandemic.

Their finances have been hit hard by the ongoing crisis and empty stadiums.

The cash injections give Wolves the chance to improve their squad whenever they see fit.

The £12million will come through in time for the summer transfer window.

The West Midlands outfit have been linked with a move for Schalke midfielder Omar Mascarell.

With Schalke’s relegation from the Bundesliga imminent, Wolves could sign the player for a reduced fee.

Jota will return to Molineux on Monday as Wolves host Liverpool at 20:00.

Speaking about the player’s return, Wolves boss Nuno Espirito Santo said: “I am absolutely sure that if Molineux was full of our fans he would have a huge reception because what Diogo did with us was amazing, fantastic, beyond words.

“He is truly admired by the fans because he gave everything he had for Wolves.

“He joined us in the Championship coming from Porto, he put his life, he put his heart here, and that can never be forgotten.

“He went to a fantastic club, now he is healthy again, playing again, smiling. I wish him all the best. If I see him before the game, I will hug him strong and at the end I will hug him no matter what happens as I have a big admiration for him.”

In Jota’s absence, as well as that of Raul Jimenez, Pedro Neto has emerged as Wolves’ star man.

His performance will be key if they are to inflict more misery on Jurgen Klopp’s team.