Flamengo agree record deal for Paquetá

January 29, 2026 Aksel Kryhlmand

Flamengo close in on landmark signing

Flamengo are on the verge of completing one of the biggest transfers in Brazilian football, as Lucas Paquetá prepares for a return to the club where his career began. Talks between the two sides intensified in recent days, with negotiations progressing quickly toward a final agreement.

The move would mark a major moment for both Flamengo and West Ham United, reflecting shifting priorities on each side as the new season approaches.

Agreement reached between clubs

According to transfer journalist Fabrizio Romano, Flamengo have reached a full agreement with West Ham United for the transfer of Lucas Paquetá. Romano reported that the deal has been settled for a fee of €42 million, which would stand as the most expensive signing in Flamengo’s history.

West Ham United accepted the proposal following direct contact with Flamengo director José Boto earlier the same day, according to Romano. The agreement clears the way for the final steps of the transfer to be completed.

Travel plans and contract details

According to Fabrizio Romano, Lucas Paquetá is expected to travel later today in order to complete the remaining formalities of the move. The midfielder has agreed to a five-year contract with Flamengo, securing his long-term return to the club.

Romano described the transfer as a homecoming, using the phrase “Paquetá volta pra casa,” highlighting the emotional significance of the move for both the player and the supporters.

Why this move matters for both sides

Lucas Paquetá emerged from Flamengo’s academy before building his career across Europe, with spells in Italy, France and England, where he established himself at both club and international level. His return is viewed as a major sporting boost for Flamengo and a symbolic reconnection with one of their most successful recent graduates.

For West Ham United, the transfer represents a significant financial return as the club continues to reshape its squad. Flamengo, meanwhile, signal clear ambition ahead of upcoming domestic and continental campaigns by securing one of Brazil’s most recognisable midfielders.

The transfer is expected to be finalised once travel and routine procedures are completed.

Sources: Fabrizio Romano