Erik Lira nears transfer from Cruz Azul to AS Monaco

Mexican midfielder Erik Lira is nearing a transfer from Cruz Azul to AS Monaco in France's Ligue 1. Negotiations have reached a decisive stage, with a reported offer of approximately $10 million, consisting of $7.6 million in guaranteed funds and $2.1 million in performance-based bonuses. Cruz Azul is reportedly seeking to retain a 20% stake in the player's economic rights for future resale.

To facilitate the move, Lira has reportedly agreed to a significant salary reduction of nearly 40% compared to his current earnings at Cruz Azul. He has prioritized the opportunity to play in Europe over more lucrative offers from clubs like Al Jazira in the United Arab Emirates.

A primary obstacle to the official announcement is a regulatory issue regarding non-EU player slots at AS Monaco. The French club currently has its four permitted spots filled and may need to finalize the departure of Folarin Balogun to clear a space for Lira.

Due to the ongoing negotiations, Lira did not travel with the Cruz Azul squad for their match against Necaxa. Meanwhile, Cruz Azul faces internal pressure as the team struggles through a period of three consecutive defeats in Liga MX.