Giovinco signs with Italy’s Sampdoria, Toronto FC makes deal with Red Bulls
TORONTO — Italy’s Sampdoria confirmed Wednesday that it has signed former Toronto FC forward Sebastian Giovinco to a short-term contract through June.
In a somewhat related move, Toronto acquired US$575,000 in general allocation money and the 14th position in Major League Soccer’s allocation order from the New York Red Bulls in exchange for the No. 2 allocation position and an international roster slot.
The allocation process regulates the return of former MLS players, among others, to the league and Toronto would have had to go through it to bring Giovinco back. With the 35-year-old Italian landing elsewhere, the club was able to trade away its position.
The Red Bulls then made a deal with FC Cincinnati, which was No. 1 in the allocation order, to facilitate the return on loan of 18-year-old midfielder Caden Clark from Germany’s RB Leipzig. New York sent US$100,000 in general allocation money and the second-overall spot in the allocation order to Cincinnati.