The 2016/17 season may have finished just four weeks ago, but there has already been a flurry of transfer activity since the Eagles hoisted the Portuguese cup at the Estádio do Jamor. Thus far, Haris Seferović and Filip Krovinović have been the highest profile arrivals, while Alex Pinto and Alan Júnior were recruited to bolster the B team. Meanwhile, the club has been offloading a raft of players to drive down their debts and clear out the deadwood.
After the €40 million transfer of Ederson to Manchester City, the most lucrative deal of the summer has been the sale of Victor Lindelöf to Manchester United. The Red Devils paid €35 million to acquire 'The Iceman', making him the most expensive defender in their illustrious history. The fee could rise to €45 million depending on his performances. The 22-year old agreed a four-year contract, and will compete with Chris Smalling, Phil Jones, Eric Bailly, Marcos Rojo and Danny Blind for a place in United's starting eleven.
28-year old left-back Marçal has joined Olympique Lyonnais for a fee of €4.5 million, signing a four-year contract with the French giants. The Brazilian joined Benfica in summer 2015, on a free transfer from Nacional da Madeira, but never played a competitive game for the Eagles. Instead, he was loaned out to Gaziantepspor in Turkey and Guingamp in France. In 2016/17, he excelled in Ligue 1, contributing eight assists in 31 appearances.
Portuguese winger Nuno Santos has been transferred to Rio Ave, following a successful loan spell at Vitória de Setúbal in 2016/17. Benfica owed €12 million to Rio Ave following Ederson's €40 million move to Manchester City, but the two clubs are believed to have brokered a players-plus-cash deal instead, with Santos the first to arrive at the Estádio dos Arcos. Santos returns to the club he represented as a youth player between 2012 and 2013. His new contract expires in 2022.
Rangers have signed Benfica's forgotten-man Daniel Candeias for around £700,000. He has agreed a two-year contract. Now 29, the former Portuguese youth international joined the Eagles from Nacional da Madeira back in 2014, but has never kicked a ball in anger for the club. The winger was loaned out to Nürnberg in Germany, Granada in Spain, Metz in France, and Alanyaspor in Turkey. His latest move takes him to the Scottish Premiership, where he is reunited with Portuguese coach Pedro Caixinha, who was his boss at Nacional in the 2011/12 season.
Bilal Ould-Chikh has sealed a permanent return to FC Twente, the club from whom Benfica acquired him. Touted as a star of the future, the Encarnados handed the diminutive winger a five-year contract in the summer of 2015, but he lasted less than two; his contract was terminated in March 2017. Ould-Chikh was criticised for his off-field discipline, and played just a handful of games for Benfica B. The 19-year old started training with Twente immediately after his release, and has now penned a two-year contract.
German youth international Hany Mukhtar has made his loan move to Brøndby permanent. The 22-year old attacking midfielder spent the 2016/17 season in Copenhagen, contributing 9 goals and 11 assists in 38 appearances. The Danish side were sufficiently impressed to pay around €1.5 million to retain his services, offering him a four-year contract. Benfica purchased Mukhtar from Hertha Berlin in January 2015, but he only made one first team appearance for the club, against Marítimo in the Liga NOS. He was loaned out to Red Bull Salzburg in 2015/16, before moving to Brøndby last summer.
The Eagles also stand to make a healthy profit from the transfers of three former players. 23-year old centre-back Fábio Cardoso has moved from Vitória de Setúbal to Rangers, 26-year old central defender Roderick Miranda [pictured below] has swapped Rio Ave for Wolverhampton Wanderers, and 24-year old right-back Bruno Gaspar has made the switch from Vitória de Guimarães to Fiorentina. The deals are thought to be worth €1.5 million, €3 million and €3.5 million respectively, with Benfica expected to receive 50% in each instance.