[REVISION HISTORY]

Exequiel Palacios officially joins Ipswich Town

Updated 4 times since CLSTR started tracking revisions of this situation.

What changed

2026-08-27 21:15 UTC → 2026-08-28 01:47 UTC · added ~~removed~~

Ipswich Town has officially completed the signing of Argentine midfielder Exequiel Palacios from Bayer Leverkusen. The 27-year-old World Cup winner has signed a contract that keeps him at the Premier League club until June 2030. While the transfer fee was officially undisclosed, reports indicate the final deal is worth approximately €22.5 million in fixed fees, plus an additional €5 million in performance-based ~~variables.~~ variables, totaling between €23 million and €27 million. This follows previous negotiations where Leverkusen initially sought higher figures before reaching a compromise with the ~~club.~~ newly promoted side. Palacios departs Germany after six and a half years, during which he made 186 appearances and contributed to Bayer Leverkusen’s Bundesliga and DFB-Pokal double in the 2023/24 season. His departure is partly attributed to injury concerns, specifically a recurring adductor issue that impacted his availability during the previous season. Bayer Leverkusen sporting director Simon Rolfes praised the midfielder’s quality and character, noting the move fulfills Palacios’s desire to compete in English football. The transfer ~~will also provide~~ is part of an ambitious recruitment drive by Ipswich Town, which has spent approximately €180 million on thirteen new players during this transfer window. Additionally, the move provides a financial boost to his former club, River ~~Plate. Due~~ Plate; due to FIFA solidarity mechanisms and a sell-on clause, River Plate is expected to receive ~~a sum totaling~~ between €1.3 million and €2.7 million.

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