Several leading European clubs are eyeing Brazilian talent Eduardo Pape, who plays for Cruzeiro. Among the teams monitoring the player's development are Arsenal, Bayern Munich and Newcastle.
Pape is considered one of the standout prospects at his club and has caught the eye with his performances for Brazil's under-17 national team. European teams continue to keep a close watch on his progress.
Contract running until 2029 with a €100 million clause
Recently, Cruzeiro extended the player's contract until January 2029. Following the contract update, the Brazilian club owns 70% of Pape's economic rights, with 25% held by Azuriz and the remaining 5% owned by the player himself.
The international release clause in his contract is set at €100 million. This clause defines the buyout sum under certain conditions but does not obligate any potential buyer to pay that exact amount under all circumstances.
European clubs continue to keep tabs
The interest from Arsenal, Bayern Munich and Newcastle highlights the increasing focus on young Brazilian footballers.
The contract extension allows Cruzeiro to maintain control over Pape's future and strengthen their negotiating position should European clubs come knocking.