Overview

• Ruiz granted Palmeiras permission to open formal talks with Toluca after European interest from Ipswich Town failed to produce a bid
• Toluca has set Ruiz’s valuation between $10 million and $12 million based on his contract through June 2027, which includes an overseas release clause
• Palmeiras technical staff, led by Abel Ferreira, are pushing for a swift deal to replace departed midfielder Richard Ríos before group-stage Copa Libertadores matches
• Brazilian reports indicate the transfer fee stands at around $10 million, potentially rising slightly above €10 million with performance-related add-ons
• With the European transfer window closing on August 31, Ruiz’s only confirmed option now lies in Brazil despite his ambition to play in Europe