Tottenham Hotspur’s talks with the City Football Group over Alejo Véliz have now entered a clearer financial stage, following new reports from South America.
We have previously covered that Bahia have reached an agreement in principle with Spurs for a permanent deal. Now Argentine journalist Germán García Grova reports the fee involved is around £8.5m (€10m).
According to his information, Véliz is currently on loan at Rosario Central until June. However, Tottenham want to cut that loan short in order to sell him to the Brazilian club during this window. The striker has not yet commented publicly on the situation.
Further reporting from local insider Alejo Gerbaudo supports the existence of an agreement between Tottenham and Bahia at the same valuation. However, his update adds an important complication.
Véliz reportedly wants to stay at Rosario Central to play in the Copa Libertadores. Because of that, he is prepared to push for his wish, which could slow down the move and affect the timeline.
Tottenham more inclined to cash in
From Tottenham’s point of view, this might not be good news. The striker returned to Rosario Central last summer after disappointing loan spells in Spain. So at this stage, Spurs appear more inclined to cash in than to bring him back into their plans.
In Brazil, Globo Esporte confirmed the negotiations and provided broader context around Bahia’s interest. This is not the first time the Brazilian club have tried to sign Véliz.
In 2022, reports in Argentina claimed Bahia were willing to pay around £2.7m (€3m) for 85% of his economic rights. At the time, the forward was 19 years old and seen as one of Argentina’s standout prospects. Now they’re having another chance to sign the Tottenham player.
We’ll see if Véliz accepts a move into the City Football Group structure now, or prioritises continental football in Argentina.