Liverpool Transfer News: Reds Close to €35m Deal for Palmeiras' Allan Elias

Liverpool FC are on the verge of securing their first major summer signing, with reports indicating advanced negotiations for Palmeiras midfielder Allan Elias in a deal worth up to €35m (£30m), including performance-related bonuses[1][2][5].

Brazilian sources, including Globo Esporte and local journalists like Robson Morelli, claim Liverpool hold the preference in talks and aim to finalize the transfer within weeks, potentially after the Club World Cup[1][2]. Palmeiras, who have built part of their 2026 financial strategy around selling the 21-year-old, view him as transferable despite his contract running until 2029 with a €100m release clause[1][2]. The club has previously partnered with European giants like Chelsea and Real Madrid for transfers of Estevao and Endrick, and now hopes to open doors with Liverpool[3].

Allan Elias, a highly rated talent yet to become an undisputed starter under manager Abel Ferreira, has delivered key performances in crucial matches, making him one of Palmeiras' most valuable assets[1]. Liverpool see him as a potential boost to their midfield, possibly replacing or complementing players like Curtis Jones amid a transitional season under Arne Slot[2].

Competition has been fierce: Newcastle United pushed hard but never submitted a formal offer, while Aston Villa, Napoli (rejected at €35m), Benfica, and MLS clubs showed interest[1][2]. Newcastle may yet counter, but Liverpool currently lead the race[1].

This move aligns with Liverpool's summer planning after big 2025 spends on players like Florian Wirtz and Alexander Isak, as they look to strengthen midfield and other areas despite recent acquisitions[3]. If completed, it could mark a breakthrough for sporting director Michael Edwards in the Brazilian market[5]. Negotiations focus on clauses balancing Palmeiras' valuation with Liverpool's strategy, signaling a deal is imminent[1].

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