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Young loan warrior Wallace signs new Chelsea contract ahead of latest loan move

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Ever since his arrival in Europe two and a half seasons ago, Chelsea right-back Wallace has struggled to find any semblance of consistent good form in the clubs he's gone to on loan. In his latest spell at Serie A club Carpi, Wallace only got 2 starts and 7 total appearances, hardly making a case for getting the buy-option activated in his loan contract. But his fortunes might make a turn for the better in the new year.

According to Globo Esporte, Wallace is edging closer to a loan move to Brazilian club Grêmio after renewing his contract with Chelsea. As surprising as the new deal (of unknown length) is, it was apparently one of the terms established by Chelsea to send the player to Grêmio.  Wallace's previous contract ran through the end of the 2017-18 season.

Negotiations between Chelsea and the Brazilian club were ongoing since November but José Mourinho's sacking hampered their conclusion. Following Guus Hiddink's appointment, Grêmio are now working at a high pace to finish the deal as they look to announce Wallace as a reinforcement to their Copa Libertadores campaign.

Wallace should have fewer defensive duties and more freedom to go into attacking areas at Grêmio, similar to how right-back Galhardo was used last season. Given the prospect of facing looser defences in his home country as well as using his best tools at the fullest, Wallace will hopefully use this opportunity to build back his confidence and his stuttering career.