World Football Transfers: Porto Rejected €80 Million Bid for Brazilian Hulk

According to a Goal.com report FC Porto have rejected an €80 Million Bid for striker Hulk.

The Brazilian powerhouse really proved himself on the world stage in both Portugal and in the Champions League. As is always the case with performers such as Hulk, the big clubs come calling, and in this situation Chelsea and Manchester City look to be hot on his heels.

Hulk's agent Teodoro Fonseca told the Portugese newspaper (Record) "I would be lying if I said there hadn't been offers for the signing of Hulk. I believe the highest was for €80 million, but FC Porto didn't even want to negotiate."

According to ESPNStar, when asked about which club had made a bid for Hulk, Fonesca went on to say that "I cannot reveal that. But it is not hard to see because there are only three or four clubs who are able to present those kind of numbers for a player."

With reference to the four clubs, the report suggests that AC Milan were also in the market for Hulk.

With Andres Villas-Boas leaving Porto to coach Chelsea, one could assume that Chelsea was most likely the club that bid for the star man. Nevertheless, there is no news or hints from the Chelsea camp with regards to a bid being tabled for Hulk.

Any club that is more than desperate to secure the services of Hulk to the upcoming season can guarantee a release of the player if they bid in excess of €100 million.

Whether Hulk is worth the €80 million let alone €100 million is questionable. However, if he is able to produce the 36 goals and 21 assists for the club of his destination, he may just prove to pay for himself.