Osimhen breakthrough as Galatasaray promise Napoli 75m letter of credit | OneFootball

Galatasaray directors have promised to hand over the sufficient banking guarantees to buy Victor Osimhen for €75m, so Napoli are just waiting to see them on paper.

The sum is the same as the release clause, but negotiated outside of it, seeing as the deadline was last night.

UDINE, ITALY – MAY 06: Victor Osimhen of SSC Napoli looks on during the Serie A TIM match between Udinese Calcio and SSC Napoli at Dacia Arena on May 06, 2024 in Udine, Italy. (Photo by Alessandro Sabattini/Getty Images)

It also allows for Galatasaray to spread out the payment over five instalments rather than in one go, but Napoli are demanding rock solid banking guarantees that they will be paid.

That has proved tricky, with talks dragging on for almost 24 hours longer than expected now, the directors delaying their flight back to Istanbul twice, and intermediary George Gardi also involved in the meetings.

Osimhen waiting for all-clear from Napoli

ISTANBUL, TURKEY – NOVEMBER 07: Victor Osimhen of Galatasaray celebrates scoring his team’s second goal during the UEFA Europa League 2024/25 League Phase MD4 match between Galatasaray A.S. and Tottenham Hotspur at Ali Sami Yen Spor Kompleksi on November 07, 2024 in Istanbul, Turkey. (Photo by Ahmad Mora/Getty Images)

It seems there is finally a breakthrough, as Galatasaray promised to provide the credit letter that would satisfy Napoli.

This is confirmed by Alfredo Pedullà, plus Turkish transfer pundits Ekrem Konur and Yagiz Sabuncuoglu.

All they need now is to see it on paper, get it analysed by their lawyers, and then Osimhen can get the all-clear to fly back to Istanbul to complete the transfer.

Galatasaray feel they have done enough, but it’s not the first time that has been said.

Victor Osimhen Galatasaray (Photo by Ahmad Mora/Getty Images)

The Nigeria international spent last season on loan at the Turkish club and had rejected a far more lucrative move to Al-Hilal in the Saudi Pro League.

With no Premier League or LaLiga clubs coming forward with the release clause sum, he preferred to remain at Galatasaray.