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Report: Toronto FC make bid for 23-year-old Santos attacker Yeferson Soteldo

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Could the Venezuelan attacker be Toronto FC’s third designated player?

Santos v San Lorenzo - Copa CONMEBOL Libertadores 2021
Yeferson Soteldo of Santos looks on during a third round second leg match between Santos and San Lorenzo as part of Copa CONMBEOL Libertadores at Mane Garrincha Stadium.

TORONTO, Canada—Have Toronto FC made a bid for Yeferson Soteldo?

According to multiple reports—originally by news outlet A Tribuna–Toronto FC have made a six-million dollar offer for the five-foot-two winger, who currently plays for Santos in Brazil.

The report states that TFC have made a bid for 75 per cent of the Venezuelan attacker’s rights as Santos find themselves in a bit of a financial crisis, still owing 4.8 million to Chilean club Huachipato, where Soteldo was originally signed from back in 2019.

According to Globo Esporte, who are also reporting a TFC bid, the breakdown of TFC’s offer is as follows:

•$4M for the 50% of his rights owned by Santos.
•$2M for 25% of his rights owned by Huachipato (who own the other 50 per cent)

Apparently, TFC need to reach an agreement with both clubs, but Huachipato want more money for the player who they’ve yet to receive payment for, despite again, Soteldo already playing over 100 matches for the Brazillian club.

23 years old and capable of playing down either wing as well as through the middle, Soteldo has registered one goal and one assist in seven appearances so far this season after scoring seven times and adding nine assists in 44 games in 2019—including this absolute screamer in the semifinal of the 2020 Copa Libertadores.

His stature is reminiscent of a former TFC legend, and if there’s anything we’ve learned from the past, size doesn’t necessarily matter if you have the talent, and the play below demonstrates that there’s definitely an abundance of skill in his toolkit.

Earlier this week, Toronto FC President Bill Manning told OneSoccer that the club was honing in on a player in their designated player hunt.

While the team is still debating whether or not to wait until the secondary transfer window when their potential acquisition’s salary budget charge would be half as much, if reports are true, perhaps the Reds are indeed bringing in their guy as they navigate their way through a congested schedule early in the year.

Transfermarkt currently has Soteldo valued at 8.8 million USD, so he would all but certainly be a designated player with Toronto. TFC currently have one DP spot still available after electing not to exercise their option on Pablo Piatti’s contract this past offseason, as Piatti eventually returned to Spain.

Another tidbit worth noting, Soteldo has apparently voiced that he is keen on a move to Europe, apparently turning down a significant offer last season from Saudi Arabian side Al-Hilal—yes you read that correctly, the same club Sebastian Giovinco was sold to. However, Toronto FC are apparently offering ‘much higher’ wages than he’s currently earning in Brazil, so it’ll be interesting to see if TFC offer draws more appeal. For what it’s worth, other outlets have since reported that Soteldo would be open to joining TFC.

We’re not sure what to make of this rumour just yet, but it’s definitely heating up, so we’ll keep an eye on how this story develops and, of course, keep you updated.