Globant Reports 2025 Second Quarter Financial Results
"This quarter, we continued making the strategic investments and bold moves needed to fully align with our new business model. As GenAI adoption accelerates across industries and the AI ecosystem grows in complexity, our market opportunity expands even further. Our pipeline has reached an all-time high of $3.7 billion—up 25% year-over-year—reflecting strong demand for our differentiated offering. At the center of this growth are our AI Pods, subscription model, AI Studios, and Globant Enterprise AI platform, which together define the "golden path" for enterprise-scale GenAI adoption. With our subscription model and AI Pods, we are reinventing the professional services industry—positioning Globant as a full-stack AI company that designs, builds, and integrates technology, platforms, and industry-specific expertise into scalable, outcome-driven solutions", expressed Martín Migoya, Globant CEO and co-founder.
"Our second-quarter results underscore the resilience and operational discipline of our business. We delivered revenues of $614.2 million, an adjusted operating margin of 15.0%, and an adjusted diluted EPS of $1.53, reflecting both consistent execution and our ability to adapt in a dynamic market. During the quarter, we complemented our growth trajectory with the execution of strategic investments and a Business Optimization Plan, which included a one-time charge of $47.6 million. This initiative is a vital step toward enhancing our near-term profitability while strategically allocating resources for our AI Pods, subscription model and Globant Enterprise AI, positioning us as a full stack AI-company," explained Juan Urthiague, Globant's CFO.
Please see highlights below. Note that reconciliations between IFRS and Non-IFRS financial measures are disclosed at the end of this press release.
Second Quarter 2025 Financial Highlights
Revenues rose to $614.2 million, representing 4.5% year-over-year growth.
IFRS Gross Profit Margin was 35.4% compared to 35.7% in the second quarter of 2024.
Non-IFRS Adjusted Gross Profit Margin was 38.1% compared to 38.1% in the second quarter of 2024.
IFRS Profit from Operations Margin was 1.0% compared to 9.2% in the second quarter of 2024.
Non-IFRS Adjusted Profit from Operations Margin was 15.0% compared to 15.1% in the second quarter of 2024.
IFRS Diluted EPS was $(0.05) compared to $0.87 in the second quarter of 2024.
Non-IFRS Adjusted Diluted EPS was $1.53 compared to $1.51 in the second quarter of 2024.
Other Metrics as of and for the quarter ended June 30, 2025
Cash and cash equivalents and Short-term investments were $174.2 million as of June 30, 2025.
Globant completed the second quarter of 2025 with 30,084 Globers, 28,097 of whom were technology, design and innovation professionals.
The geographic revenue breakdown for the second quarter of 2025 was as follows: 54.1% from North America (top country: US), 19.7% from Latin America (top country: Argentina), 19.6% from Europe (top country: Spain) and 6.6% from New Markets[1] (top country: Saudi Arabia).
Globant's top customer, top five customers and top ten customers for the second quarter of 2025 represented 8.6%, 20.3% and 29.3% of revenues, respectively.
During the twelve months ended June 30, 2025, Globant served a total of 981 customers (with revenues over $100,000 in the last twelve months) and continued to increase its wallet share, with 339 accounts generating more than $1 million of annual revenues, compared to 329 for the same period one year ago.
In terms of currencies, 64.1% of Globant's revenues for the second quarter of 2025 were denominated in US dollars.
2025 Third Quarter and Full Year Outlook
Based on current market conditions, Globant is providing the following estimates for the third quarter and the full year of 2025:
Third quarter 2025 Revenues are estimated to be at least $615.0 million, or 0.1% year-over-year growth. This expected growth includes a positive FX impact of 50 basis points.
Third quarter 2025 Non-IFRS Adjusted Profit from Operations Margin is estimated to be at least 15.0%.
Third quarter 2025 Non-IFRS Adjusted Diluted EPS is estimated to be at least $1.53 (assuming an average of 45.6 million diluted shares outstanding during the third quarter).
Fiscal year 2025 Revenues are estimated to be at least $2,445.0 million, implying at least 1.2% year-over-year revenue growth. This expected growth includes a positive FX impact of 25 basis points.
Fiscal year 2025 Non-IFRS Adjusted Profit from Operations Margin is estimated to be at least 15.0%.
Fiscal year 2025 Non-IFRS Adjusted Diluted EPS is estimated to be at least $6.12 (assuming an average of 45.5 million diluted shares outstanding during 2025).
Shareholder Letter, Conference Call and WebcastA shareholder letter will be available in the Investor Relations section of Globant's website. Martin Migoya, Globant's Chief Executive Officer & co-founder, Juan Urthiague, Globant's Chief Financial Officer, and Diego Tártara, Globant's Chief Technology Officer, will discuss the second quarter 2025 results in a video conference call today beginning at 4:30 pm ET. This call will be followed by a live Q&A session.
Video conference call access information is:https://more.globant.com/F2Q25EarningsCall Webcast http://investors.globant.com/
About Globant (NYSE:GLOB)
At Globant, we create the digitally-native products that people love. We bridge the gap between businesses and consumers through technology and creativity, leveraging our expertise in AI. We dare to digitally transform organizations and strive to delight their customers.We have more than 30,000 employees and we are present in more than 30 countries across 5 continents working for companies like Google, Electronic Arts and Santander, among others.We were named a Worldwide Leader in CX Improvement by IDC MarketScape report. We were also featured as a business case study at Harvard, MIT and Stanford. We are a member of the Cybersecurity Tech Accord.For more information, please visit www.globant.com
Non-IFRS Financial Measures
While the financial figures included in this press release have been computed in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board ("IASB"), this announcement does not contain sufficient information to constitute an interim financial report as defined in International Accounting Standards 34, "Interim Financial Reporting" or a financial statement as defined by International Accounting Standards 1 "Presentation of Financial Statements". The financial information in this press release has not been audited.
Globant provides non-IFRS financial measures in addition to reported IFRS results prepared in accordance with IFRS Accounting Standards. Management believes these measures help illustrate underlying trends in the company's business and uses the non-IFRS financial measures to establish budgets and operational goals, communicated internally and externally, for managing the company's business and evaluating its performance. The company anticipates that it will continue to report both IFRS and certain non-IFRS financial measures in its financial results, including non-IFRS measures that exclude share-based compensation expense, depreciation and amortization, acquisition-related charges, business optimization costs, and the related effect on income taxes of the pre-tax adjustments. Because the company's non-IFRS financial measures are not calculated according to IFRS, these measures are not comparable to IFRS and may not necessarily be comparable to similarly described non-IFRS measures reported by other companies within the company's industry. Consequently, Globant's non-IFRS financial measures should not be evaluated in isolation or supplant comparable IFRS measures, but, rather, should be considered together with its condensed interim consolidated statements of financial position as of June 30, 2025 and December 31, 2024 and its condensed interim consolidated statements of comprehensive income for the three and six months ended June 30, 2025 and 2024, prepared in accordance with International Accounting Standard ("IAS") 34, "Interim Financial Reporting".
Globant is not providing a quantitative reconciliation of forward-looking Non-IFRS Adjusted Profit from Operations Margin or Non-IFRS Adjusted Diluted EPS to the most directly comparable IFRS measure because it is unable to predict with reasonable certainty the ultimate outcome of certain significant items without unreasonable effort. These items include, but are not limited to, share-based compensation expense, acquisition-related charges, and the tax effect of non-IFRS adjustments. These items are uncertain, depend on various factors, and could have a material impact on IFRS reported results for the guidance period.
Forward Looking Statements
In addition to historical information, this release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "should," "plan," "expect," "predict," "potential," or the negative of these terms or other similar expressions. These statements include, but are not limited to, statements regarding our future financial and operating performance, including our outlook and guidance, our pipeline, and our strategies, priorities and business plans. Our expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Factors that could impact our actual results include: our ability to maintain current resource utilization rates and productivity levels; our ability to manage attrition and attract and retain highly-skilled IT professionals; our ability to accurately price our client contracts; our ability to achieve our anticipated growth; our ability to effectively manage our rapid growth; our ability to retain our senior management team and other key employees; our ability to continue to innovate and remain at the forefront of emerging technologies and related market trends; our ability to retain our business relationships and client contracts; our ability to manage the impact of global adverse economic conditions; our ability to manage uncertainty concerning the instability in the current economic, political and social environment in Latin America; and other factors discussed under the heading "Risk Factors" in our most recent Form 20-F filed with the U.S. Securities and Exchange Commission and any other risk factors we include in subsequent reports on Form 6-K.
Because of these uncertainties, you should not make any investment decisions based on our estimates and forward-looking statements. Except as required by law, we undertake no obligation to publicly update any forward-looking statements for any reason after the date of this press release whether as a result of new information, future events or otherwise.
Globant S.A.Condensed Interim Consolidated Statements of Comprehensive Income(In thousands of U.S. dollars, except per share amounts, unaudited)Six months endedThree Months Ended June 30, 2025June 30, 2024June 30, 2025June 30, 2024
Revenues
1,225,2651,158,539614,180587,461
Cost of revenues
(794,394)(746,769)(396,539)(377,912)
Gross profit
430,871411,770217,641209,549
Selling, general and administrative expenses
(321,238)(306,699)(159,543)(154,585)
Net impairment losses on financial assets
(6,339)(5,327)(4,660)(3,162)
Business Optimization Costs
(47,580)—(47,580)—
Other operating income and expenses,
—1,961—1,961
Profit from operations
55,714101,7055,85853,763
Finance income
1,9232,5279781,402
Finance expense
(20,599)(13,502)(10,972)(6,233)
Other financial results, net
8615,606(239)532
Financial results, net
(17,815)(5,369)(10,233)(4,299)
Share of results of investment in associates
6562370
Other income and expenses, net
(3,385)10,606(114)595
Profit (Loss) before income tax
34,520106,998(4,466)50,129
Income tax
(7,749)(23,044)742(10,104)
Net income (loss) for the period
26,77183,954(3,724)40,025
Other comprehensive income, net of income tax effectsItems that may be reclassified subsequently to profit and loss:- Exchange differences on translating foreign operations
80,377(43,013)51,288(24,405)
- Net change in fair value on financial assets measured at FVOCI
(5,798)1,019(5,798)894
- Gains and losses on cash flow hedges
13,158(13,133)3,000(4,378)
Total comprehensive income for the period
114,50828,82744,76612,136
Net income attributable to:Owners of the Company
28,25283,718(2,383)38,658
Non-controlling interest
(1,481)236(1,341)1,367
Net income (loss) for the period
26,77183,954(3,724)40,025
Total comprehensive income for the period attributable to:Owners of the Company
109,57430,59841,85011,589
Non-controlling interest
4,934(1,771)2,916547
Total comprehensive income for the period
114,50828,82744,76612,136
Earnings per shareBasic
0.641.94(0.05)0.89
Diluted
0.621.89(0.05)0.87
Weighted average of outstanding shares (in thousands)Basic
44,17743,17244,29843,244
Diluted
45,42444,22044,29844,292
Globant S.A.Condensed Interim Consolidated Statements of Financial Position as of June 30, 2025 and December 31, 2024(In thousands of U.S. dollars, unaudited)
June 30, 2025December 31, 2024
ASSETS
Current assets
Cash and cash equivalents 167,431142,093
Investments6,81213,992
Trade receivables636,387605,002
Other assets32,09920,420
Other receivables97,58653,939
Other financial assets9,8893,100
Total current assets950,204838,546Non-current assets
Investments 2,3982,212
Other assets 5,9894,750
Other receivables 48,86240,784
Deferred tax assets84,53480,811
Investment in associates1,6531,648
Other financial assets 41,24141,403
Property and equipment147,939154,755
Intangible assets358,803377,365
Right-of-use assets104,947122,884
Goodwill1,650,6801,517,252
Total non-current assets2,447,0462,343,864
TOTAL ASSETS3,397,2503,182,410LIABILITIES
Current liabilities
Trade payables113,271114,743
Payroll and social security taxes payable217,029239,440
Borrowings20,1741,601
Other financial liabilities146,679153,803
Lease liabilities25,96829,736
Tax liabilities22,79736,916
Income tax payable8,8676,520
Other liabilities99231
Total current liabilities554,884582,990Non-current liabilities
Trade payables 4,9572,006
Borrowings 409,115290,935
Other financial liabilities 102,036125,651
Lease liabilities 81,39787,887
Deferred tax liabilities29,55529,611
Income tax payable 1,2166,625
Payroll and social security taxes payable 1,7125,187
Provisions for contingencies23,09618,169
Total non-current liabilities653,084566,071
TOTAL LIABILITIES1,207,9681,149,061Capital and reserves
Issued capital53,40852,837
Additional paid-in capital1,239,0701,193,029
Other reserves(63,434)(144,756)
Retained earnings 891,073862,821
Total equity attributable to owners of the Company2,120,1171,963,931
Non-controlling interests69,16569,418
Total equity2,189,2822,033,349
TOTAL EQUITY AND LIABILITIES3,397,2503,182,410
Globant S.A.Selected Cash Flow Data(In thousands of U.S. dollars, unaudited)
Three Months Ended
June 30, 2025June 30, 2024
Net Income for the period(3,724)40,025
Non-cash adjustments, taxes and others57,88341,788
Changes in working capital(32,281)(71,646)
Cash flows from operating activities21,87810,167
Capital expenditures(24,735)(38,155)
Cash flows from investing activities(68,763)(60,656)
Cash flows from financing activities103,757(17,514)
Net increase/decrease in cash & cash equivalents56,872(68,003)
Globant S.A.Supplemental Non-IFRS Financial Information(In thousands of U.S. dollars, unaudited)Six months ended
Three Months EndedJune 30, 2025June 30, 2024
June 30, 2025June 30, 2024Reconciliation of adjusted gross profit
Gross profit
430,871411,770
217,641209,549
Depreciation and amortization expense
22,24115,958
11,0858,525
Share-based compensation expense - Equity settled
13,20312,901
5,5135,759
Adjusted gross profit
466,315440,629
234,239223,833
Adjusted gross profit margin
38.1 %38.0 %
38.1 %38.1 %Reconciliation of selling, general and administrative expenses
Selling, general and administrative expenses
(321,238)(306,699)
(159,543)(154,585)
Depreciation and amortization expense
59,59450,507
29,93925,442
Share-based compensation expense - Equity settled
27,66026,714
14,27514,399
Acquisition-related charges (a)
12,20615,584
5,6395,986
Adjusted selling, general and administrative expenses
(221,778)(213,894)
(109,690)(108,758)
Adjusted selling, general and administrative expenses as % of revenues
(18.1) %(18.5) %
(17.9) %(18.5) %Reconciliation of adjusted profit from operations
Profit from operations
55,714101,705
5,85853,763
Share-based compensation expense - Equity settled
40,86339,615
19,78820,158
Acquisition-related charges (a)
38,47732,880
18,87214,736
Business optimization costs (b)
47,580—
47,580—
Adjusted profit from operations
182,634174,200
92,09888,657
Adjusted profit from operations margin
14.9 %15.0 %
15.0 %15.1 %Reconciliation of net income for the period
Net income for the period
28,25283,718
(2,383)38,658
Share-based compensation expense - Equity settled
40,37839,425
19,35920,077
Acquisition-related charges (a)
54,26626,380
26,30916,440
Business optimization costs (b)
46,453—
46,453—
Tax effect of non-IFRS adjustments
(31,811)(15,117)
(20,035)(8,313)
Adjusted net income
137,538134,406
69,70366,862
Adjusted net income margin
11.2 %11.6 %
11.3 %11.4 %Calculation of adjusted diluted EPS
Adjusted net income
137,538134,406
69,70366,862
Diluted shares
45,42444,220
45,54544,292
Adjusted diluted EPS
3.033.04
1.531.51
(a) Acquisition-related charges include, when applicable, amortization of purchased intangible assets included in depreciation and amortization expense line on our consolidated statements of comprehensive income, interest charges on acquisition-related indebtedness, external deal costs, acquisition-related retention bonuses, integration costs, changes in the fair value of contingent consideration liabilities, and other acquisition-related costs. We cannot provide acquisition-related charges on a forward-looking basis without unreasonable effort as such charges may fluctuate based on the timing, size, and complexity of future acquisitions as well as other uncertainty inherent in mergers and acquisitions.
(b) One-time charges for the three and six months ended June 30, 2025 related to the Company's Business Optimization Program initiated in April 2025. These charges, primarily related to workforce resizing and office reductions, have been excluded from non-IFRS results as these are one-time and unusual in nature.
Globant S.A.Schedule of Supplemental Information (unaudited)
Metrics
Q2 2024
Q3 2024
Q4 2024
Q1 2025
Q2 2025
Total Employees
29,112
29,998
31,280
31,102
30,084
IT Professionals
27,133
27,927
29,198
29,022
28,097
North America Revenues %
56.3
55.7
55.2
55.5
54.1
Latin America Revenues %
23.0
21.8
20.4
19.6
19.7
Europe Revenues %
16.9
17.6
17.7
18.2
19.6
New Markets Revenues %
3.8
4.9
6.7
6.7
6.6
USD Revenues %
67.1
66.6
64.8
67.2
64.1
Other Currencies Revenues %
32.9
33.4
35.2
32.8
35.9
Top Customer %
8.3
9.1
9.1
8.8
8.6
Top 5 Customers %
21.0
21.0
19.8
20.0
20.3
Top 10 Customers %
30.3
30.1
29.3
29.1
29.3
Customers Served (Last Twelve Months)*
958
969
1,012
1,004
981
Customers with >$1M in Revenues (Last Twelve Months)
329
331
346
341
339
(*) Represents customers with more than $100,000 in revenues in the last twelve months.
[1] Represents Asia, Oceania and the Middle East.
Investor Relations Contact:Arturo Langa, Globantinvestors@globant.com+1 (877) 215-5230
Media Contact:Gregorio Lascano, Globantpr@globant.com+1 (877) 215-5230
View original content to download multimedia:https://www.prnewswire.com/news-releases/globant-reports-2025-second-quarter-financial-results-302530584.html
SOURCE Globant
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
7 minutes ago
- Yahoo
How to find the cheapest train tickets as passengers face 5.5% rise in rail fares
Campaigners have said a potential 5.5% rise in regulated fares is 'outrageous' - but there are some ways you can save money when buying tickets. Train fares in England could jump by 5.5% next year following an uptick in UK inflation, financial analysts have warned. July's Retail Prices Index (RPI) measure of inflation - which is often used to determine increases in the cost of train tickets - will be announced on Wednesday. While the government has not confirmed how it will determine the cap in regulated fare rises for 2026, this year's hike of 4.6% was one percentage point above the RPI rate in July last year. With this July's RPI figure expected to be 4.5%, according to banking group Investec, train fares in England could jump by 5.5%. Bruce Williamson, spokesman for transport pressure group Railfuture said "it would be outrageous" if fares rose by that much, adding that there is no justification in "jacking up fares above inflation". "It's ripping off the customer, driving people off the trains and onto our congested road network, which is in no-one's interest." Chief executive of lobby group Campaign for Better Transport, Ben Plowden, warned that rising fares are "putting people off rail travel", pointing to a survey that found 71% of people would be more likely to take the train if prices were lower. With passengers facing yet another rise in fares, here is a guide on how to save as much money as possible on your train tickets. Get a Railcard There are currently nine available Railcards, depending on your situation and needs, which can knock off 1/3 of your train fare. Most Railcards can be purchased online with the option to download as a digital Railcard to your smartphone or device with our Railcard App. Some one-year Railcards can also be purchased at any staffed National Rail ticket office. You can book your discounted train tickets online or in person, but you must be able to present your Railcard to inspectors during your journey for your ticket to be valid. 16-17 Saver: £35 for one year 16-25 Railcard: £35 for one year, £80 for three years 26-30 Railcard: £35 for one year Disabled Persons Railcard: £20 for one year, £54 for three years Family & Friends Railcard: £35 for one year, £80 for three years Network Railcard: £35 for one year Senior Railcard: £35 for one year, £80 for three years Two Together Railcard: £35 for one year Veterans Railcard: £35 for one year, £80 for three years Book in advance Train companies sell around a million advance tickets every week, according to National Rail. Tickets are usually released 12 weeks in advance, although this can vary, the rail industry body says, adding that the "earlier you book, the better the chance you have of getting the best price". Advance tickets are still available until the day of travel on many routes - sometimes up to 10 minutes before departure. While advance fares are single tickets valid only on the date and train shown on the ticket, they can be combined with other tickets to create an entire journey. Changes can be made before departure, but may be subject to a £10 admin fee and other terms and conditions. Buy a season ticket If you make the same journey more than once a week, it might be worth investing in a season ticket rather than buying tickets daily. An annual season ticket offers a full year's worth of travel for the price of 10 months and 12 days, Network Rail says. Part-time commuters may also want to consider Flexi season tickets, which give passengers day return travel for eight days within a 28-day period. Passengers don't need to choose their travel days in advance, providing plenty of flexibility for hybrid workers who only occasionally come into the office. Depending on your circumstances, you might save more money with either a weekly, monthly or annual season ticket. You can use National Rail's season ticket calculator here to see which ticket is right for you. Travel in a group If you're a small group travelling together, you can also use GroupSave on a variety of Off-Peak tickets across the rail network. GroupSave tickets save up to 1/3 on rail fares for adults travelling in a group of three to nine people. They can be bought for single or return journeys at off-peak or super-off peak times. Make sure you stick with the whole group you booked for to ensure your tickets remain valid during your journey. Travel during quieter times Off-Peak fares are cheaper tickets for travelling at less busy times during weekdays, and all day on weekends, National Rail says. You may have to travel at specified times, or on specified days or routes. On longer distance journeys, if you travel in a peak period one way but want to return when it is less busy, consider booking a combination of advance, off-peak and anytime fares to get the best deal. Rover and Ranger tickets Most train companies offer a selection of Rover tickets and Ranger tickets, which offer unlimited travel within a specified area and time period. Ranger tickets are valid for one day only, while Rover tickets are valid for longer (although still within a limited time period). For example, you could buy a Rover ticket that allows travel within a specific geographical area for three consecutive days, or within a 15-day period. These tickets may also include local bus travel, and there are often other offers and discounts available, including 50% off for children aged five to 15, 50% off for people with a 16-17 Saver Railcard and 1/3 off fares with other Railcards. How are train fares decided? About 45% of fares on Britain's railways are regulated by the Westminster, Scottish and Welsh governments, while the rest are set by train operators themselves. Regulated fares include season tickets on most commuter journeys, some off-peak return tickets on long-distance routes, and flexible tickets for travel around major cities. The Department for Transport (DfT) said there will be an update on changes to regulated fares later this year. Operators set rises in unregulated fares, although these are likely to be very close to regulated ticket increases because their decisions are heavily influenced by governments. A DfT spokesperson said: "The Transport Secretary has made clear her number one priority is getting the railways back to a place where people can rely on them. "The government is putting passengers at the heart of its plans for public ownership and Great British Railways, delivering the services they deserve and driving growth. "No decisions have been made on next year's rail fares but our aim is that prices balance affordability for both passengers and taxpayers." Read more Everything you need to know as ScotRail prepares to scrap peak train fares (The National) Voices: 'We're falling behind': Heathrow expansion sparks backlash over UK's 'outdated' travel infrastructure (The Independent) Train firms accused of 'vexatious' plot to derail Labour nationalisation (The Telegraph)
Yahoo
7 minutes ago
- Yahoo
James Pearce confirms Liverpool forward WILL stay after remarkable U-turn
Liverpool's attack has undergone a profound transformation over the course of this transfer window. The club's sporting director Richard Hughes has spent big money on Florian Wirtz and Hugo Ekitike while also overseeing outgoing deals for Darwin Nunez and Luis Diaz. 🚨2025/26 LFC x adidas range🚨 LFC x adidas Shop the away range TODAY LFC x adidas Shop the home range today! LFC x adidas Shop the goalkeeper range today LFC x adidas Shop the new adidas range today! There could be more action in the window with Alexander Isak still being eyed by the Reds' top brass. Also, players like Ben Doak and Harvey Elliott could be shown the exit as Hughes and Arne Slot seek to recoup as much money as they can in sales. 🔴 Shop the LFC 2025/26 adidas away range One other player tipped to depart this summer has been Federico Chiesa. The Italian international can call himself a Premier League champion having played his part in last season's title win but overall it was a disappointing campaign on a personal level. Liverpool change their minds over forward deal Chiesa was injured when he signed from Juventus - and he never really found his groove. According it's been speculated that he would return to Serie A and there have been several teams linked with Atalanta, AC Milan and Napoli among those most frequently mentioned. But now it appears that the 27-year-old has earned himself a second chance under head coach Arne Slot. No serious bids for Chiesa Chiesa's fate looked sealed when he was left out of the touring party for the preseason tour in Asia. But he was included on the bench for the season opener against Bournemouth. And with Liverpool requiring a goal, Slot turned to the Italian. He duly delivered - with Chiesa's first-ever Premier League strike putting the Reds 3-2 up late in the game at Anfield. His cameo has led to talk over what might happen before the end of the transfer window. And while Italian sources have always been consistent in their belief that either Milan or Napoli would strike, it's been confirmed by the Athletic's James Pearce that Liverpool are STILL awaiting a substantial bid for Chiesa. © IMAGO - Federico Chiesa Liverpool 'The expectation was that Chiesa would also move on, but for all the rumours about a possible return to Italy, Liverpool haven't received one serious offer,' the report reads. 'Given the ongoing uncertainty surrounding the club's pursuit of Newcastle United's Alexander Isak, Liverpool should be keeping hold of Chiesa as cover. 'Offloading him at this stage of the window would make little sense. He should be given the opportunity to build on this.' Chiesa might now go on and prove himself to be a useful rotation option as well as an understudy for Mo Salah. It's taken Chiesa a while to reach this point but Friday night perhaps suggested he had finally arrived. Either Italian suitors are going to have to stump up the requisite fee and wages or else it's increasingly likely Chiesa will be staying after all against the odds.
Yahoo
7 minutes ago
- Yahoo
Report – Inter Milan Slap €20M Price Tag On Galatasaray, Lille & Neom Target
Inter Milan have reportedly slapped a price tag of €20 million on Galatasaray, Lille, and Neom target Benjamin Pavard. This according to today's print edition of Rome-based newspaper Corriere dello Sport, via FCInterNews. Recent reports have suggested that Inter are ready to sell Benjamin Pavard. The likes of Galatasaray, Lille, and Saudi Pro League side Neom have all shown an interest. Inter signed Pavard two years ago from Bayern Munich. And the France international has certainly had his part to play, helping the Nerazzurri to the Serie A title in his first season at the club. But perhaps Pavard, who turns thirty next season, is not in line with the future of Inter's project. Inter Milan Want €20M For Galatasaray, Lille & Neom Target Benjamin Pavard SEATTLE, WASHINGTON – JUNE 20: Benjamin Pavard of FC Internazionale Milano faces the media during the Training/Press Conference ahead of their FIFA Club World Cup 2025 match between FC Internazionale Milano and Urawa Red Diamonds at Virginia Mason Athletic Center on June 20, 2025 in Seattle, Washington. (Photo by) The key question would be what kind of fee Inter would want for Pavard. The Nerazzurri signed the Frenchman from Bayern Munich in 2023. They paid a fee of around €35 million to bring him in. According to the Corriere dello Sport, though, Inter would be willing to sell Pavard for considerably less than that. The Nerazzurri would not, however, be willing to take a capital loss on the 29-year-old defender. Therefore, the Corriere report, Inter's asking price is right around €20 million.
