New Zealand right-back Tim Payne is set to move to Olimpia Asuncion once his World Cup with the All Whites concludes. The move is pending an official announcement, and in Paraguay the deal is considered closed. Olimpia posted a social media message that included a flexed biceps emoji and the New Zealand flag.

According to reports from transfer journalists Fabrizio Romano, Ben Jacobs, and Sky Sports, Tim Payne is leaving Wellington Phoenix to sign a contract with Club Olimpia in Paraguay. It is not clear if Club Olimpia will pay a transfer fee. Payne's contract at Wellington Phoenix was set to run until mid-2028. He has decided to leave.

Club Olimpia from Paraguay are finalising a deal to sign 32-year-old New Zealand international right-back Tim Payne from Wellington Phoenix, and an agreement between the two clubs is already in place. Payne has 53 caps and 3 goals for his country. He joined Wellington Phoenix in July 2019, and his contract is valid until June 2028. In the 2025/2026 A-League Men season, he made 14 appearances and provided 5 assists. Transfermarkt estimates his current market value to be €350k.