Lisbon (AFP) – Spain’s World Cup-winning goalkeeper Iker Casillas will be released by Porto at the end of the season as the cash-strapped Portuguese giants look to cut costs.
Francisco Marques, the Porto spokesman told A Bola daily, that the former European champions need to slash the contracts of their best-paid players.
“For example, Casillas’s deal ends at the end of the season. It’s a very expensive contract,” he said.
“We will scrupulously pay his salary until the end of the season. We have no alternative.”
“But when the contract ends, it will free-up millions of euros.”
Casillas, his country’s most-capped player with 167 appearances, had signed a one-year extension to his deal last July having left Real Madrid in 2015.
25+ Channels With Sports & News
- Starting price: $33/mo. for fubo Latino Package
- Watch Premier League, Liga MX, MLS & World Cup
- Includes ESPN, FOX, Univision, TUDN and more
Favorite Leagues At The Best Price
- Starting price: $7.99/mo. for Live TV Package
- Watch Argentine league, Brasileirāo and Copa Libertadores
- Includes beIN SPORTS, GolTV, TyC Sports and more
Many Sports & ESPN Originals
- Price: $6.99/mo. (or get ESPN+, Hulu & Disney+ for $13.99/mo.)
- Features LaLiga, Bundesliga, MLS, Copa del Rey & more
- Also includes daily ESPN FC news & highlights show
Live TV, Soccer & Originals
- Starting price: $4.99/mo.
- Features Champions League, Serie A, Europa League & more
- Includes CBS, Star Trek & CBS Sports HQ
175 Premier League Games & PL TV
- Starting price: $4.99/mo. for Peacock Premium
- Watch 175 exclusive EPL games per season
- Includes Premier League TV channel plus movies, TV shows & more
Get All 3 And Save 30%
- $13.99/mo. for ESPN+, Disney+ & Hulu
- Includes Bundesliga, LaLiga, NHL & the home to UFC
- Features Marvel, Star Wars + shows & movies for your entire family