ESPN Brazil first reported that the team was set to sign the former Brazilian international to a three-year deal for $2 million per season.
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Veteran Diego Ribas has reached a final agreement with Major League Soccer club Orlando City on a three-year deal worth $2m per season, sources say.
AC Milan on Friday officially announced they have signed Paqueta from Flamengo.
The Flamengo midfielder completed a €35 million deal to join the seven-time European champions in January and was one of a number of winners Monday.
Flamengo's Lucas Paqueta, linked to a move to AC Milan, has fans thinking of a new Kaka. Both share some traits, but there are key differences.
Lucas Paqueta, 21, is reported to have already undergone a medical for the Serie A side ahead of a move which will cost €35 million.
The Rossoneri have beaten off competition from Paris Saint-Germain thanks to Leonardo's influence and will officially join in the new year.
Lucas Paqueta to Manchester United and Nicolo Barella to Liverpool are two of today's hot rumours, according to Football Whispers.
Brazilian footballers from opposing teams worked together to push-start an ambulance to get an injured player on his way to the hospital.
Vinicius Jr. is unlikely to return to Brazil in January despite rumours that he doesn't figure into Lopetegui's first-team plan, his agent said.
Flamengo's president is "outraged" with Brazil's call-ups of local players for upcoming friendlies against the U.S. and El Salvador.
Peru striker Paolo Guerrero has signed a three-year deal with Internacional, the Brazilian club said on Sunday.
Former Brazil starlets and Vasco da Gama teammates, Dede and Romulo are heading in opposite directions.
Vinicius is joining up with Madrid's senior team ahead of the 2018-19 campaign, while current Rodrygo has agreed a €54m deal to join next summer.
Incoming Real Madrid teenager Vinicius Jr. said that he and Rodrygo would benefit from having Neymar, their fellow Brazilian, at the club.
A Swiss supreme court judge has cleared Peru captain Paolo Guerrero to play at the World Cup despite a doping ban.
Real Madrid rising star Vinicius Junior has revealed the reason he chose to sign with the Bernabeu club over fierce rivals Barcelona.
Peru President Martin Vizcarra wants state authorities to help Paolo Guerrero try to overturn a doping ban.
The Court of Arbitration for Sport says a verdict could come next week.
Vinicius Jr., the 17-year-old set to join Real Madrid in the summer, hopes Neymar will leave Paris Saint-Germain and join him at the club.
A football fan in Brazil has taken his devotion to his favorite team to a whole new level.
Julio Cesar has retired from football after playing a last match for boyhood club Flamengo.
Former Brazil international Ederson has told L'Equipe he has beaten cancer and expects to return to the pitch within weeks.
Vinicius Junior came on with a match-winning brace for Flamengo in the Copa Libertadores - and it will be just as thrilling to Real Madrid supporters.
Vinicius Junior has been "making mistakes" according to Flamengo teammate Diego Ribas, amid the attention brought by his future move to Real Madrid.