So, for Tetê and Leicester, either the Brazilian will leave LCFC as a free agent upon the expiry of his loan, allowing the 22 year-old to negotiate with any team he chooses, or he will return back to Shakhtar in the summer, with the Foxes needing to negotiate a transfer fee if they want to sign him permanently.
In both scenarios, there is a pathway for Tetê to join the club past the current season, but the way the Foxes can negotiate, as well as the wiggle room they can allow themselves, changes drastically. If Tetê were available on a free, the club would have to pay a significant signing on fee and would face considerable competition if they were to strike a deal.
If Tetê were to go back to Donetsk, the club would have to strike a deal with the Ukrainian side. Currently valued at around €25m, his value could continue to rise if he were to impress throughout his spell in the East Midlands. Shakhtar won’t want to undersell their Brazilian, but with his contract at the club expiring on December 31st, they may be forced to accept a lower price.
It is unclear whether the Foxes have a buy option in their agreement with Shakhtar, and how high a figure that buy option could be. There has also been speculation that Tetê may only be available from January 1st, 2024, if the Foxes were to sign him permanently in the summer.
Clarity will be provided as time goes on; at the moment there is simply speculation. For now, City will just be hoping that their first-ever Brazilian player continues to make history.