Brazil international midfielder Thiago Neves has reportedly signed with Saudi Arabian soccer club Al Hilal for $8 million.
The 28-year-old playmaker will travel to the country's capital Riyadh Thursday for a medical, reports Xinhua.
His former club Fluminense will receive just 20 percent of the transfer fee with the balance going to investment firm Unimed Participacoes.
Neves is the third member of Abel Braga's 2012 Serie A championship-winning team to depart during the winter transfer window.
The club has also lost Wellington Nem to Shakhtar Donetsk and Ricardo Berna to Brazilian rivals Nautico.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
