Olympiacos completes record-breaking transfer of Gustavo Puerta

Olympiacos has officially acquired 23-year-old Colombian midfielder Gustavo Puerta from Spanish club Racing Santander. The deal, which marks the most expensive transfer in the history of Greek football, was finalized on September 1, 2026, after the Greek club triggered the player's 16-million-euro release clause in a lump-sum payment. When factoring in additional costs such as solidarity mechanisms, agent fees, and other related expenses, the total investment exceeds 20 million euros.

Puerta, who arrived in Greece via a direct flight from Bilbao on September 1, 2026, underwent medical examinations before signing a four-year contract that keeps him at the club until the summer of 2030. The midfielder is expected to earn approximately 1.5 million euros annually. His signing comes after a period of intense negotiations where the player initially considered interest from clubs like Benfica and Eintracht Frankfurt.

Following the transfer, Puerta is set to be included in the Olympiacos squad for the league phase of the Europa League under manager Jose Luis Mendilibar. His arrival is viewed as a major strategic move to strengthen the team's midfield and represents a significant financial commitment by the ownership to elevate the club's performance in both domestic and European competitions.