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Tuesday, 24 November 2009 10:46

FC Porto wonderkid Oliveira tied down on 30-million euro release clause

Bruno Alves to renew contract as Dragons work to secure future

Sergio OliveiraSergio Oliveira is not a well-known name in the football world yet, but should the teenager fulfil his potential that is all set to change. The 17-year-old midfielder has put pen to paper on a contract renewal until 2012, in which FC Porto have inserted a buyout clause of 30 million euros.
Oliveira became Porto’s youngest ever player to take to the pitch when he played in the recent Portuguese Cup victory over Sertanense at the age of 17 years, 4 months and 15 days.
His assured performance in that match confirmed that the Portuguese champions have a very special talent on their books. Indeed, the only reason Oliveira has not been put on a longer contract is because Portuguese law forbids footballers under 18 years of age from signing a contract of a duration longer than three years.
In another move to secure the future of the club, Bruno Alves, is set to be offered an improved contract which will contain a higher buyout clause than the current 30m euros. Alves celebrates his 28th birthday on Friday, and has a contract at the Estadio do Dragao until 2012, but is expected to sign a renewal for a further two seasons.

Late developer

The no-nonsense defender is a classic example of a late bloomer. He has been a Porto player for a decade. For much of that time he did not feature in the first team, and was loaned out to Farense, Vitoria Guimaraes and AEK Athens to help his development.
Alves has come into his own in the last three seasons, earning the captaincy for his club and establishing himself as a an automatic starter for the Seleccao, playing a key role in Portugal’s successful World Cup qualification campaign.
“Negotiations are going to plan, but I don’t want to say more for now. When the process is concluded FC Porto will officially communicate it,” said the centre-back’s father and agent, Washington Alves.
by Tom Kundert

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