Agent banked €7 million of Wolverhampton's €40 million transfer fee for Fabio Silva

10 September 2020

JM
Photo: PA Images Questions have previously been raised over Jorge Mendes' ties to Wolverhampton's Chinese owner Fosun, who in 2015 bought 15 per cent of Gestifute's parent company, Start SGPS, for about €42 million.

Jorge Mendes' company Gestifute was paid €7 million of the €40 million Wolverhampton paid Porto for Fabio Silva, according to a release on Portugal's stock exchange.

The Portuguese agent's relationship with Wolverhampton's Chinese owner Fosun, who owns 15 per cent of Gestifute's parent company, has been criticised for being subject to conflicts of interest.

Emil Gjerding Nielson nielson@offthepitch.com

Agent Jorge Mendes' firm Gestifute was paid €7 million of the €40 million transfer fee Wolverhampton last week paid Porto for Fabio Silva, according to a release on the Portuguese stock exchange, despite apparently not representing the sought-after youngster.

Questions have previously been raised over Mendes' ties to Wolverhampton's Chinese owner Fosun, who in 2015 bought 15 per cent of Gestifute's parent company, Start SGPS, for about €42 million.

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