Official | Ipswich Town sign Bayer Leverkusen midfielder Exequiel Palacios
Ipswich Town has signed Argentine midfielder Exequiel Palacios from Bayer Leverkusen on a contract running through 2030. The transfer, reportedly worth a base fee of €25m, marks a significant addition for the newly-promoted Premier League club.
Why it matters
High-profile player transfers are central to the business and competitive landscape of professional European football.
Ipswich Town have officially completed the signing of Bayer Leverkusen midfielder Exequiel Palacios. The 27-year-old Argentine international joins the newly-promoted Premier League side on a contract through 2030. Ipswich officially list the transfer fee as undisclosed, though Sky Germany previously reported a €25m base fee plus €5m in bonuses.
The move concludes a pursuit that began earlier this month. Get German Football News reported on Ipswich's opening €20m offer , which Leverkusen rejected while maintaining an asking price of approximately €40m. GGFN subsequently covered a second unsuccessful Ipswich bid before negotiations ultimately produced a compromise.
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