Benfica acquires Balinha from Bayern

Benfica, the Portuguese club, has signed international midfielder Joao Palhinha from German club Bayern Munich in a deal worth up to 19 million euros ($22 million). He has signed a contract until 2030 with a basic salary of 14 million euros ($16.3 million), with the possibility of additional incentives reaching up to 6 million dollars. Palhinha returns to his hometown of Lisbon, where he began his professional career with Sporting CP, after previously playing for Fulham and Tottenham. He also won the German Bundesliga title with Bayern Munich. Benfica mandated a €50 million ($58 million) release clause in the player's contract. The deal is part of the club’s efforts to strengthen its squad. Palhinha is considered one of the prominent players in the midfield position, and he is 31 years old.

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