Official | Stuttgart’s Jovan Milosevic (20) receives new contract and loan out to Werder Bremen

Stuttgart attacking prospect Jovan Milosevic’s loan out to Werder Bremen has been officially confirmed. Milosevic’s Bundesliga parent club confirmed a contract extension for the 20-year-old on Sunday afternoon before announcing the loan. Milosevic, already capped once at senior level for Serbia, now possesses working papers that will run until 2029. Naturally, Stuttgart’s new commitment to the youngster means the loan contains no purchase option.

In their statements accompanying the signing, Bremen officials made it clear that they considered Milosevic to be the direct replacement for the failed experiment that was Victor Boniface’s unsuccessful loan out from Bayer Leverkusen.Werder also took care to emphasize that they believed Milosevic could succeed where so many other recent attack-centric Bremen loans have failed.

**Kicker **reports that Bremen have taken on some financial risk as part of the deal. Stuttgart shall receive a €650,000 loan fee as part of the deal. Moreover, the salary stipulated by Milosevic’s new contract will be covered in full by the youngster’s new Bundesliga loan club. Bremen managing director Clemens Fritz addressed these financial obligations directly in his statement accompanying the signing.

“ We are happy to have signed Jovan ,” Bremen personnel chief Peter Niemeyer noted in a club statement. “ He is a young, talented striker who has developed very well during his last loan spell at Partizan Belgrade. He fits the profile we are looking for very well.”

“ Significant opportunities also entail certain risks, ” Fritz added. “ And I think one must have the courage to take those risks. One can’t compare this loan with Naby Keïta, because the financial risk was manageable this time. ”

“ We have extended Jovan’s contract because we are very satisfied with his development, ” Stuttgart board-member-for-sport Fabian Wohlgemuth noted in his statement. “Last year in Belgrade was particularly promising and showed that Jovan is on the right track. He can and should take the next steps in Bremen. We wish him all the best and will continue to closely monitor him and his performances. “

GGFN | Peter Weis