West Ham United’s interest in Matthias Martinelli has remained consistent in recent months. However, the Premier League club is still some way away from Fluminense’s expectations.
Earlier this year, the Hammers joined other sides in the dedication Offers worth around €12m (£10.2m). Those approaches were rejected without negotiation, as Fluminense made it clear that the midfielder would not move to that level.
Since then, the position on the Brazilian side has only strengthened. Martinelli signs a new contract until 2030With a release clause set at €30m (£25.6m). In parallel, the club has outlined a strategy to delay any sale until after the World Cup, in the hope that his value will further increase.
Against that backdrop, the Brazilian’s latest update adds another layer to West Ham’s challenge.
raises the internal target bar
according to DayFluminense are now lining up a minimum expectation of €20m (£17.1m) for Martinelli.
This figure is not yet the formal asking price. Still, it shows the internal range required for one of their key players to begin negotiations.
The same report states that Fluminense is targeting more than R$218m in player sales for 2026. Converted, that represents approximately €40m (£34.2m). As a result, any major departures should contribute significantly to that total.
Martinelli is currently the most valuable asset in that scheme. He has played over 300 matches for the club and remains a central figure in midfield. Therefore, there is no pressure on the board to compromise.
The gap remains clear for West Ham
For West Ham, the numbers now align in a simple way. Their previous offer: €12m (£10.2m). Fluminense’s internal expectation: €20m (£17.1m). This leaves a gap of €8m (£6.9m) before negotiations can begin.
Crucially, this sits below the €30m (£25.6m) release clause agreed in the most recent renewal. This shows that Fluminense still has room to raise the price, especially if the player gets more exposure with Brazil.
Furthermore, Matthäus Martinelli has Expressed desire to play in Europe at some stage. However, he wants the move to suit both his career and the club.
So interest alone will not be enough for West Ham. The financial gap remains significant, and the player’s position continues to strengthen.
If the Hammers want to test Fluminense’s resolve again, they will have to move closer to that €20m (£17.1m) mark – and possibly even further.
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➡️ Bad boy who creates controversy
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