Manchester United has signed midfielder Manuel Ugarte from Paris St-Germain for a fee that could reach £50.5m.
The 23-year-old Uruguayan international has agreed to a five-year contract, with a possible 12-month extension.
He enters with an initial fee of £42.1m and the potential to receive £8.4m in additional payments.
With Ugarte’s arrival, the club has signed their fifth summer transfer window signing, spending just over £190m in total.
He made 37 appearances for PSG last season, joining them from Sporting Lisbon for a reported £50.5m and playing a crucial role in their 12th Ligue 1 championship.
PSG has negotiated a 10% sell-on clause for Ugarte, and both clubs have expressed their satisfaction with the deal.
“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 to my teammates. Together, we will fight to win trophies and reach the level where this club needs to be.”
United sporting director Dan Ashworth said: “Signing Manuel was another of our primary targets for this summer.
“He is among the best ball-winning midfield players in the world and has an excellent record at club and international level. His qualities, experience, and passion will greatly complement our strong group of midfielders.”
Ugarte’s transfer to United was confirmed shortly after Scott McTominay’s departure from Old Trafford to join Napoli.
The 27-year-old academy graduate, who appeared in 255 matches and scored 29 goals in all competitions, has earned United a £25.7m fee and a 10% sell-on clause.
United has officially announced the signing of 18-year-old Mali youth midfielder Sekou Kone from Guidars for a reported fee of around £1m.
United’s spending on new players has reached nearly £600m since Erik ten Hag became manager in 2022. Ugarte joins Joshua Zirkzee, Leny Yoro, Matthijs de Ligt, and Noussair Mazraoui as summer signings.
Selling McTominay has allowed the club to recover over £85m this summer.