Premier League giant Manchester United have signed midfielder Manuel Ugarte from Paris St-Germain for a fee that could reach £50.5m.
The 23-year-old Uruguayan has agreed to a five-year contract with the option to extend it for a further 12 months.
He joins for an initial cost of £42.1 million, with the option for an extra £8.4 million.
Ugarte becomes the club’s sixth signing of the summer transfer window, bringing their total outlay to a little over £190 million.
He made 37 appearances in all competitions for PSG last season, after coming from Sporting Lisbon for a reported £50.5 million, and helped the Parisians win their 12th Ligue 1 title.
It is understood that PSG has negotiated a 10% sell-on clause for Ugarte, with both clubs privately expressing satisfaction with the agreement.
“It is an incredible feeling to join a club of this magnitude; one that is admired all around the world,” said Ugarte.
“Manchester United is an ambitious club, and I am an ambitious player. I know how incredible United fans are, and I cannot wait to experience Old Trafford.
“I’m someone who is so determined to succeed; I will sacrifice and give everything for my team-mates. Together we will fight to win trophies and reach the level where this club needs to be.”
Dan Ashworth, United sporting director, said, “Signing Manuel was another of our primary targets for this summer.
“He is among the very best ball-winning midfield players in the world and has an excellent record at both club and international level. His qualities, experience, and passion will be a great complement to our strong group of midfielders.”
Ugarte’s transfer to United was confirmed hours after Scotland international Scott McTominay quit the Old Trafford club to join Napoli.
United paid £25.7 million and have a 10% sell-on clause for the 27-year-old academy graduate, who appeared in 255 games across all competitions and scored 29 goals.
Earlier in the day, United announced the signing of 18-year-old Mali young midfielder Sekou Kone from Guidars for a sum believed to be in the region of £1 million.
Since Erik ten Hag took over as manager in 2022, United have spent about £600 million on new players.
Ugarte joins Joshua Zirkzee, Leny Yoro, Matthijs de Ligt, and Noussair Mazraoui in the summer signings.