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da premier bet: Reports in Brazil have revealed the facts and figures behind Joao Pedro’s move to Watford, and it already looks like a masterful bit of business from the Hornets.
What’s the story?
17 year-old Pedro will join Watford in 2020, once he turns 18.
According to Globo Esporte, translated by Sport Witness, the Fluminense youngster will cost the Hornets €100k (about £85k) every time he plays 45 minutes or more this season, but that has only happened once so far due to injuries.
There was a €2.5m (£2.12m) fee when the deal was initially signed, and there are four bonuses of €1m (£850k) for his performances at Fluminense, a bonus of €1.5m (£1.27m) if he gets a work permit for the Premier League, and two bonuses of €1m for his potential performances for Watford.
All in all, the deal will cost around €10m (£8.5m) only if the youngster actually makes an impact at Vicarage Road, marking yet another genius piece of business from the club.
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Another Richarlison?
Plenty of eyebrows were raised when Watford shelled out around £11m for Richarlison, a player who few outside of Brazil had heard of.
Just 12 months later though, the club more than quadrupled their money on the young Brazilian, and it wouldn’t be a huge surprise to see it happen again.
The move worked out well for the player himself too – he is currently leading Everton with 12 Premier League goals.
There is a well-trodden path for youngsters to break into the first team in Hertfordshire, with Adalberto Penaranda expected to be a star in the future as well.
To be brutally honest though, it doesn’t really matter if players like Penaranda and Pedro make an impact on the first team, because even if they don’t it will barely cost the club a penny.
With plenty of “mid-table” teams splashing loads of cash in the transfer market with a scattergun approach, the Hornets’ ability to hand pick talents with high ceilings on smartly structured deals should ensure they stay well away from any relegation fights for years to come.