3 Aug 2026
Thiago Almada to Flamengo: agreement with Atlético de Madrid, River Plate and Crefisa in the final stages
Flamengo are close to an agreement with Atlético de Madrid for Thiago Almada, but River Plate are making progress in talks with the player. Crefisa could enter the race and change the Argentine midfielder’s destination.
Thiago Almada to Flamengo: what is still needed to complete the deal
Flamengo are close to reaching an agreement with Atlético de Madrid to sign Thiago Almada. The understanding between the clubs puts Flamengo in a strong position in the negotiations, but the transfer still depends on the final steps. The factor keeping the deal open is the player’s decision, as he is also in talks with River Plate.
Flamengo or River Plate: the decision rests with the player
River Plate have made progress in negotiations for Thiago Almada and are trying to convince the midfielder to return to Argentine football. The club believe they can overcome the competition even with Flamengo close to finalising their agreement with Atlético de Madrid. For the player, the choice between Flamengo and River Plate has become the centre of the saga.
Atlético de Madrid are negotiating, but the race is not over
Atlético de Madrid are the other party in the deal and already have an agreement close to completion with Flamengo. That does not mean Thiago Almada’s move to Rio de Janeiro is settled. Until the contract is finalised and the player gives his answer, River Plate remain in the race.
Crefisa could influence the Thiago Almada deal
Crefisa has emerged as a possible factor that could change the situation in the final stages. Its involvement could create a new financial option for Thiago Almada and the clubs involved. There is still no clarity on how that participation would work, but the possibility increases the pressure on Flamengo and River Plate.
Timeline of the Thiago Almada race
First, Flamengo made progress and came close to an agreement with Atlético de Madrid. Then, River Plate gained ground in direct talks with Thiago Almada. Now, Crefisa’s possible involvement is keeping the negotiations open. Flamengo have the advantage in the agreement between the clubs; River are trying to win the player’s decision.
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Analysis: PK Sport · our methodology
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