Roma offers €5 million loan plus €35 million Garnacho option

Chelsea wants about €50 million in a guaranteed permanent sale and has rejected loan structures with optional purchase clauses as talks with Roma continue over the Argentine winger.

Summary

AS Roma has submitted two bids to Chelsea for Alejandro Garnacho, but the Premier League club is holding out for a permanent transfer worth €50 million and has rejected proposals built around a loan and option to buy. Roma’s latest offer was a €5 million loan fee plus a €35 million option, valuing the package at about €40 million, but Chelsea’s ownership group BlueCo does not want a deal that would allow Roma to send the player back if the move fails. Chelsea paid around £40 million to sign Garnacho from Manchester United in the summer of 2025 and is seeking a modest markup after the winger was left out of pre-season training by new manager Xabi Alonso in July 2026. Garnacho recorded 8 goals and 4 assists in 43 appearances in 2025/26. Roma has also explored other wing options including Crysencio Summerville and Diego Moreira, but Garnacho remains a target as negotiations continue in mid-July 2026.

Terms & Concepts
  • option to buy: A clause that gives the borrowing club the right, but not the obligation, to make a transfer permanent.
  • loan fee: An upfront payment made to take a player on a temporary transfer.
  • permanent transfer: A full player sale in which registration is transferred outright rather than temporarily.