Francesco Farioli Lands Santiago Gimenez in €20m Loan Deal
AC Milan completed an agreement late Saturday on August 29, 2026, to send forward Santiago Gimenez to FC Porto on an initial loan containing a conditional €20m purchase obligation. The deal structure carries no initial loan fee, establishing an €18m base purchase fee alongside €2m in conditional add-ons. The buyout clause automatically converts into a mandatory transfer once the striker meets specific appearance thresholds in Portugal.
The Mexican international departs Italy after recording 7 goals and 6 assists in 37 competitive games for AC Milan.
AC Milan
clubFC Porto was his preferred destination to work under manager Francesco Farioli after learning he had no role in Ruben Amorim’s plans.
Francesco Farioli Gains Central Striker Profile at FC Porto
The addition gives FC Porto a direct target up front capable of occupying central defenders and converting chances inside the penalty box. Francesco Farioli sought a recognized lead attacker to fit his possession-based build-up system.
Santiago Gimenez
playerSquad Selection and Attacking Options for FC Porto and AC Milan
Securing the forward adds proven top-tier experience to FC Porto’s attacking unit ahead of domestic and European competition. Ruben Amorim cleared space in the AC Milan squad after ruling the player out of his first-team tactical setup.
Financial Breakdown of the €20m Agreement and Milan Accounting
AC Milan accept a financial loss on the move after paying over €30m to sign the forward from Feyenoord in January 2025. FC Porto avoid an immediate outlay by structuring the transaction around an €18m purchase option with €2m in add-ons triggered by match appearances.
Fabrizio Romano, Daniele Longo, Sky Sport Italia, Sportitalia.