Agent of Grêmio midfielder Walace is in England to negotiate with Leicester City
21-year-old defensive midfielder Walace is a regular starter for Grêmio and played a key role in Brazil's Olympic Gold medal winning campaign in Rio de Janeiro.
Leicester City have joined the race to sign young Brazilian midfielder Walace during the upcoming transfer window in January. According to the information from Brazilian journalist Jorge Nicola, representative of the player Rogério Braun is in England to try to reach a deal with the current Premier League champions. The offer should be around €10 million, which was the value demanded by Grêmio in the middle of the year. As mentioned in the report, La Liga side Espanyol had previously contacted Grêmio president Romildo Bolzan and signalled that they would offer €6 million.
Grêmio holds 70% of the economic rights of Walace, who was an Olympic champion with the Brazilian national team in August and has just lifted the Copa do Brasil. He came through the youth system of Avaí, and arrived at Porto Alegre for the U19 team in 2013. His first chance in the professional team of Grêmio was in 2014, when he played 20 matches. There were another 50 appearances last season and 45 in the current campaign, with his first five goals for the club. In the first contact with Leicester, Rogério Braun heard that the English team sees Walace with the quality to take the place of French midfielder N'Golo Kanté, who was sold to Chelsea in the middle of the year. Despite having kept the base of the squad that lifted the Premier League title, Leicester are having an horrendous season, so far - they're currently in 16th place, just two points behind the relegation zone. In the UEFA Champions League, Leicester are doing well and qualified for the last-16 of the competition as winners of Group G, with 13 points from a possible 18. FC Porto finished second and also moved to the knockout phase with 11 points.