Portland Timbers of MLS announced the transfer of Kristoffer Velde from Olympiacos. The deal was closed for an amount of 5+2 million euros. Lech Poznan, his former team, will also receive a percentage. Velde signed a contract with Portland until the summer of 2028, with an option to renew for one more year. Ned Grabavoy, General Manager of Timbers, expressed excitement about Velde joining as a dangerous offensive threat. Phil Neville, Timbers' coach, praised Velde's determination, motivation, and confidence.

Velde has completed a transfer to Portland Timbers from Olympiacos. The Portland Timbers have reportedly paid a fee of 83 million kroner. Velde expressed his enthusiasm about the move, stating that he was eager to embrace a fresh challenge in a new environment.

Reliable reporter Tom Bogert and the website 'Givemesport' have reported that Olympiacos has reached an agreement with Portland Timbers regarding the transfer of 25-year-old Norwegian winger Kristoffer Velde. The website revealed that the American club will pay a fee of 5 million dollars, equivalent to slightly more than 4.2 million euros. The deal is advantageous for Olympiacos, as they had spent nearly 4 million euros last summer to acquire Velde from Lech Poznan. Velde, who did not meet expectations at Olympiacos throughout the season, managed to score 6 goals and provide 2 assists in all competitions. He is currently preparing to travel to the USA to finalize his transfer to the Portland team. According to Transfermarkt, his current market value is estimated to be €6.00 million.