Flamengo & Paquetá: Record-Breaking Transfer?

by liam.oconnor - Sports Editor

RIO DE JANEIRO, January 26, 2026 — Flamengo is poised to make a historic splash in the South American transfer market, reportedly agreeing to a deal with West Ham United for midfielder Lucas Paquetá worth approximately 41.25 million euros (around $48 million). This potential transfer would shatter existing records, making Paquetá the most expensive player ever purchased in South America.

Record-Breaking Deal Signals Flamengo’s Ambition

The impending arrival of Lucas Paquetá represents a significant investment in Flamengo’s quest for both domestic and international glory.

  • Flamengo and West Ham United have reportedly reached an agreement for Lucas Paquetá.
  • The transfer fee is estimated at 41.25 million euros, potentially breaking the South American record.
  • Paquetá, a product of Flamengo’s youth system, is returning to his former club.
  • The deal underscores Flamengo’s commitment to strengthening its squad for upcoming competitions.

Multiple Brazilian and regional news outlets report the agreement between the two clubs is nearing completion, though the specific payment terms are still being finalized. The 28-year-old midfielder, who honed his skills in Flamengo’s youth academy, is expected to bolster the team’s performance in the 2026 season and beyond.

What is the current record for the most expensive transfer in South America? If confirmed, Paquetá’s transfer will surpass the previous record, establishing a new benchmark for player acquisitions on the continent.

The return of Paquetá is anticipated to generate considerable excitement among Flamengo supporters, who fondly remember his earlier contributions to the club. His experience playing in the English Premier League is expected to be a valuable asset as Flamengo aims to compete at the highest levels of international football.

The negotiation process is ongoing, with both Flamengo and West Ham working diligently to finalize the details and ensure a smooth transition for the player.

The potential signing comes as Flamengo prepares for a challenging season, with ambitions to excel in both the local league and continental tournaments. The club views Paquetá as a key piece in their strategy to build a championship-caliber squad.

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