Belgrano won't exercise purchase option on Thiago Cardozo. The decision is due to the difference in transfer price.

What happened?

Belgrano had been crowned champion and it was expected that they would exercise the purchase option on the Uruguayan goalkeeper. However, president Luis Artime only offered $300,000, plus the cancellation of a $200,000 debt that Unión still owes for the transfer of Agustín Colazo.

Why is it important for Belgrano?

The decision not to exercise the purchase option on Cardozo may affect the team's transfer strategy. Unión wants Belgrano to pay $1.2 million for the goalkeeper's registration.

What comes next?

Cardozo will remain with Belgrano until December, when the loan ends. The situation of the Uruguayan goalkeeper is uncertain, as Unión is not willing to lower the transfer price.

DateEventValue
June 30Deadline to exercise purchase option$1.2 million
June 24Belgrano decides not to exercise purchase option$300,000