Middlesbrough set for cash injection as former defender close to Premier League move

Nathan Wood
-Credit: (Image: Dave Crawford/PPAUK)

Middlesbrough look set for a cash boost this summer, with academy graduate Nathan Wood said to be on the verge of a Premier League move to Southampton.

Multiple sources now claim Southampton are close sealing a deal that will see the Swansea City centre-back reunite with Russell Martin at St Mary's following their promotion to the Premier League. The exact fee the Saints will pay is not yet known, with two offers worth up to £10 million last summer turned down by the Swans.

Boro sold Wood to Swansea two years ago as then-boss Chris Wilder decided he had no place for the young centre-back in his plans. While Boro were willing to accept the judgement of Wilder at the time, with Wood himself keen to move on and start playing first-team football that wasn't going to be offered at the Riverside, they covered the fact they still felt Wood might have a bright future by inserting a future sell-on fee percentage into the agreement with Swansea.

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Exactly what percentage Boro will be due is not known, but it was said to be 'very healthy' and is usually at least 10%. Boro would be set to receive over £1 million if Swansea have held out for more than the £10m they were offered 12 months ago. With Southampton now a Premier League club, matching that offer would come easier for them.

That said, Swansea were always expecting to sell Wood this summer, with Swansea activating a 12-month extension clause on the two-year contract he signed when joining from Boro in the summer of 2022.

Admitting he may have to leave the club this summer with it unlikely he would sign a new Swansea deal, Swans boss Luke Williams said last month: “Young players playing a lot of Championship football at a decent level will always attract attention from suitors. I can’t talk any more than that at the moment but it is fair to say that some players have attracted interest.”