Arsenal have finalised the terms of Riccardo Calafiori’s contract, which will keep the player at the club until June 2029. The Premier League side is currently negotiating the transfer fee with Bologna, who have set their asking price at approximately €50 million.
Transfer Fee Negotiations
Discussions between Arsenal and Bologna are ongoing, with the Italian club firm on their valuation of the 21-year-old defender. FC Basel, Calafiori’s former club, stands to gain 50% of any sale amount exceeding €4.5 million, and they are closely monitoring the situation.
Background
Calafiori, a left-back, has been a target for Arsenal for some time. The club has been in advanced talks with Bologna over the past few days, as reported on 4 July 2024. Arsenal had previously presented a long-term offer to the player, signalling their strong interest in securing his services.
Previous Interest
Interest in Calafiori has been high, with both Chelsea and Arsenal considering him for defensive reinforcement, as noted on 1 July 2024. Bologna had anticipated bids from Premier League clubs, reflecting the player’s rising profile.
Next Steps
As negotiations continue, Arsenal will aim to finalise the transfer fee with Bologna to complete the signing of Calafiori. The deal, if concluded, will see the young defender join the Gunners on a long-term contract, bolstering their defensive options for the upcoming seasons.