'Over €40m' – Romano jacks up price of in-demand Chelsea star again; sporting directors ready to cash in
Transfer insiders go head to head over Portugal international price
Renato Veiga's price keeps climbing upwards as interest in the defender increases.
It happened again yesterday – Plettenberg the pretender wrote yesterday morning that Atletico Madrid had joined Bayern Munich in the race to sign Renato Veiga from Chelsea with a speculated price of €35m.
Romano wants his own back by adding further exclusive detail – and in this case he's claimed that Chelsea want 'over €40m' for the versatile defender.
That would work out as something like €35m plus some add ons and bonuses, but it's still a pretty significant difference.
Veiga wants out because he feels he's too far back in the pecking order both at left back and centre back to be a regular ahead of the World Cup next summer, for which he wants to play week in week out to secure his place in the Portugal first team. Chelsea are happy to cash in on an asset which has seen its value skyrocket since he arrived from Basel a year ago.
Sporting directors will be delighted with quick flip of bargain buy
Whether it's €30m, €35m or €40m, a sale at that level will represent a great success for our sporting directors.
They bought Veiga as a pretty much total unknown a year ago, juiced him up with some Conference League games and a loan to Juve, and now are set to cash in majorly on him.
That's good scouting, good business on the buy price, and good development of the prospect with steady minutes at a high level. Great work all round.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
25 minutes ago
- Yahoo
Atos SE (AEXAF) (H1 2025) Earnings Call Highlights: Steady Revenue and Strategic Restructuring ...
Release Date: August 01, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Atos SE (AEXAF) reported a stabilization of revenues at approximately $2 billion per quarter, indicating a steady financial performance. The company achieved a 15% organic growth in operating margin compared to the previous year, showcasing improved operational efficiency. Atos SE (AEXAF) successfully renegotiated a significant contract with a German automotive OEM, turning a previously loss-making contract into a profitable one. The restructuring plan, known as Genesis, is progressing well, with expectations to complete two-thirds of the plan by the end of the year. The company has strengthened its governance with the addition of a new board member, enhancing leadership and oversight. Negative Points Atos SE (AEXAF) reported a net income group share of minus 696 million, indicating significant financial challenges. The company's net debt increased to 1.7 billion, reflecting a higher leverage ratio of 4.0 times. The book-to-bill ratio remains below 100%, raising concerns about future revenue growth and contract renewals. The company incurred reorganization and rationalization charges totaling 379 million, impacting overall profitability. Atos SE (AEXAF) faces ongoing challenges with loss-making contracts, particularly in the UK, which continue to affect cash flow. Q & A Highlights Warning! GuruFocus has detected 5 Warning Signs with AEXAF. Q: Can you discuss the revenue trajectory for the rest of the year and any specific assumptions regarding demand and seasonality? A: Unidentified_1: We expect Q3 revenues to stabilize around $2 billion, slightly less than previous quarters, with an increase anticipated in Q4. The revenue stabilization is crucial, and we have successfully renewed over 90% of contracts. The pipeline is increasing, indicating potential growth in H2. Q: What are your expectations for free cash flow and restructuring cash outflows for the second half of the year? A: Unidentified_2: We aim to maintain cash in advance at similar levels to last year, around the 300 million mark, despite not actively seeking advance payments. Restructuring cash outflows will accelerate, with most restructuring expected to be completed by summer 2026. Q: Do you expect a significant improvement in your book-to-bill ratio in H2, and how confident are you in achieving organic growth next year? A: Unidentified_1: We anticipate the book-to-bill ratio to exceed 80% and aim for around 100% by Q4. The pipeline is increasing, and we are confident in achieving organic growth next year, supported by a strong restructuring plan that will enhance profitability regardless of top-line growth. Q: Can you provide details on the renewed contract in the automotive sector and its impact on revenue and profit? A: Unidentified_1: The renewed contract with a German OEM was previously at a negative margin. We have renegotiated it to a positive margin of around 10%, improving both revenue and profitability. This reflects our strategy to address loss-making contracts. Q: Are there any expected cash outflows related to litigation or loss-making contracts in the future? A: Unidentified_1: We do not anticipate significant cash outflows from litigation in H2. For loss-making contracts, we are actively working to reduce cash outflows, with one major contract expected to stop bleeding next year, and another being negotiated for termination. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
25 minutes ago
- Yahoo
T.J. Hockenson out of Vikings practice with injury
Vikings tight end T.J. Hockenson is out of practice today with an injury. Hockenson was injured on Saturday and is out at least for today. Vikings coach Kevin O'Connell referred to Hockenson's injury as a "hip, leg, back -- whatever you want to classify it at," via Judd Zulgad. The Vikings are still without sixth-round rookie tight end Gavin Bartholomew, who is still on the physically unable to perform list with a back injury. They recently signed tight end Nick Vannett to help with depth at the position.
Yahoo
an hour ago
- Yahoo
China's Baidu to deploy robotaxis on rideshare app Lyft
Chinese internet giant Baidu plans to launch its robotaxis on rideshare app Lyft in Germany and Britain in 2026, pending regulatory approval, the two companies said on Monday. Last month, Baidu announced a similar agreement with Uber in Asia and the Middle East as it seeks to take pole position in the competitive autonomous driving field both at home and abroad. Lyft and Baidu said Monday that "in the following years" the fleet of Apollo Go driverless cars will be expanded to thousands of vehicles across Europe. They did not specify which other countries the cars would be deployed in, and it was not clear how long it might take to gain regulatory approval for the initial deployment. Driverless taxis are already on some roads with limited capacity in the United States and China, most notably in the central city of Wuhan, where a fleet of over 500 can be hailed by app in designated areas. Their reach is spreading, with Shanghai's financial district Pudong recently announcing a batch of permits for multiple companies to operate robotaxis. China's tech companies and automakers have poured billions of dollars into self-driving technology in recent years, with intelligent driving the new battleground in the country's cutthroat domestic car market. Baidu is not alone among Chinese companies in searching to expand its foothold abroad. Its rival WeRide is also active in the Gulf region, and in January announced it had been picked to lead a small pilot project in Switzerland. another Chinese company, said in May that it had signed a deal to launch its self-driving taxis on Uber in "a key market in the Middle East later this year". San Francisco-based Lyft in April said it had agreed to buy German taxi app Freenow, planting a flag in the European market. The acquisition marked Lyft's "most significant expansion outside North America", the group said. isk/reb/lb