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Holstein Kiel Signs Guillermo Balzi on Three-Year Contract

This signing signals targeted investment for Kiel’s 2. Bundesliga campaign, including a reported €550,000 fee and a 30% sell-on clause.

Overview

  • Holstein Kiel confirmed Monday that it has signed 24-year-old Guillermo Balzi from Newell's Old Boys on a three-year contract running until 30 June 2029.
  • Balzi is due to join the squad at the club’s upcoming training camp in Austria as part of pre-season integration and has said he is eager to meet his new teammates.
  • Kiel’s coach and sporting director described Balzi as a left-footed, technically strong and dynamic attacking player who can play on the wing or in central attacking midfield.
  • Newell's reported a transfer fee of €550,000, retained a 30% sell-on clause, and said Balzi is entitled to 15% of the fee, of which he will donate half to charity.
  • The club calls Balzi its eighth preseason signing and the first for which it paid a fee, a move that signals targeted short-term strengthening and preserves Newell's interest in any future resale.