It’s done! Six months after securing Giovani Lo Celso from Real Betis on a six month loan with an option to purchase, Tottenham Hotspur have made him a permanent member of the team, announcing that they have signed him on a long term contract through the 2025 season!
We are delighted to announce that we have exercised the option to convert the loan of @LoCelsoGiovani from Real Betis to a permanent transfer.— Tottenham Hotspur (@SpursOfficial) January 28, 2020
✍️ Gio has signed a contract with the Club until 2025. #THFC ⚪️ #COYS
Gio had a rough start to life at Spurs — he signed late, had a hip injury that kept him sidelined for two crucial months, and it took a while for him to adapt to his new team and life in England. But since Jose Mourinho’s appointment and certainly in the past four or five matches he’s shown the quality that led Spurs to value him so highly that they made him one of three summer signings.
Spurs had Gio locked down to an initial season long loan, with an option to purchase him for £34m at the end of the season. However, there was a clause in his deal that allowed the club to sign him in January for £27m. Considering his increasingly good performances, it makes financial sense to save the £7m now. And a 5.5 year deal? Spectacular.
I’m so excited. Welcome to Tottenham Hotspur, Gio!