Tag: loan deal

  • LOAN DEAL: Osimhen fails Zulte-Waregem trials

    Victor Osimhen will not play on loan at Belgian club Zulte-Waregem from German Bundesliga club Wolfsburg after he failed to convince while on trials there.

    Osimhen has failed to establish himself at Wolfsburg, which is now willing to farm him out this season. His trials at Zulte-Waregem ended yesterday and Hetnieuwsblad has reported he did not do enough to convince the Belgian team to have him on loan.

    The publication said Zulte-Waregem have passed on getting the trialist Osimhen on loan because he did not do enough.

    Another top source further told SCORENigeria: “Zulte will not take him, he didn’t convince them.”

    Part of the reason for the trials was to ensure the 19-year-old striker is fully fit as he has struggled with injuries since he moved to Germany after shinning at the 2015 U-17 FIFA World Cup in Chile.

  • Loan deal: Besiktas  President  in London  for  Omeruo

    Loan deal: Besiktas President in London for Omeruo

    Besiktas President Fikret Orman is set to hold talks with Chelsea over the loan transfer of Kenneth Omeruo.

    A source close to the club has told Turkish-Football that the Besiktas President has arrived in London and will hold talks with the Blues this week.

    It was understood the Black Eagles want to negotiate a €700,000 loan fee with a €4 million release clause option included in the deal.

    Besiktas have been in talks with Chelsea for over a month over the transfer according to BBC African football specialist Oluwashina Okeleji who confirmed that talks between the two clubs were ongoing to Turkish-football.

    “Besiktas are in advanced talks with Chelsea but nothing has been agreed with the player,” Okeleji said.

    The Nigeria international is expected to remain in Turkey this season and joined Turkish champions Besiktas on loan where he will be able to gain Champions League experience.

  • Loan deal:Arsenal gets club for Nwakali

    Loan deal:Arsenal gets club for Nwakali

    Kelechi Nwakali’s intermediary,Allwell Nwakali, has revealed that it was the decision of manager Arsene Wenger to farm out the Nigeria youth international on loan while the club attempts to secure a work permit for the youngster.

    The Gunners finally confirmed the signing of the Flying Eagles skipper late last week, and subsequently announced that his immediate future is not at the Emirates because of work permit issues.

    “Everything is all right, Kelechi will be sent on loan and it is the decision of Arsene Wenger. They want to work on him first before he joins a new club in the January transfer window, ” Allwell Nwakali told allnigeriasoccer.com.

    “Arsenal already have the players that will represent them in the league. Wenger said he already has a place that he will send Kelechi, where he will be playing and in short time they will bring him back, so they can prepare his permit. I want him to continue his development at a Dutch club or in France. ”

  • Greece seeks loan deal

    Greece has said it wants to reach a loan deal with its international creditors by the end of this month.

    With the country seemingly close to running out of cash, government spokesman Gabriel Sakellaridis said a deal was “required immediately”.

    Greece has to make a payment of €1.5billion (£1.09billion) to the International Monetary Fund (IMF) on June 5.

    Last week , the government raided its IMF reserves in order to pay €750m in debt interest on its existing loans.

    “A deal is required immediately, this is why we are talking about the end of May, to resolve these critical liquidity issues,” Gabriel Sakellaridis said.

    The Greek government, EU and IMF have been locked in negotiations for four months over economic reforms the IMF and EU say must be implemented before the latest €7.2billion tranche of the country’s bailout fund is released.

    The deadlock has created fresh fears that Greece will run out of cash.

    Issues still to be resolved are thought to include pension reform, deregulation of the labour market, and the re-hiring of 4,000 former civil servants.

    There have been suggestions Greece could default on loan repayments as early as the next €1.5billion payment due to the IMF.

    Greece faces a stringent repayment schedule in the coming months, and also needs to continue paying salaries and pensions.

    EU Commission spokesman Margaritis Schinas welcomed the commitment by the Greek government to bring the talks to a conclusion but said “more time and effort is needed to bridge the gaps on the remaining open issues in the negotiations”.

    “Constructive contacts are ongoing and progress is being made, even though still at a slow pace,” he added.

    He admitted Greece was likely to be one of the main topics of conversation at this week’s EU Eastern Partnership Summit in the Latvian capital, Riga.

    But he added that whatever happened there could be no “substitute for the need to bridge the gaps on the remaining issues that are being discussed”.