Manchester United have signed midfielder Manuel Ugarte from Paris St-Germain for a fee that could reach £50.5m.
The 23-year-old Uruguay international has agreed a five-year contract with the option to extend it for a further 12 months.
He joins for an initial fee of £42.1m, with the potential for £8.4m in additional payments.
Ugarte becomes the club’s fifth signing of the summer transfer window and takes their overall spending to just over £190m.
He made 37 appearances for PSG in all competitions last season after joining them from Sporting Lisbon for a reported £50.5m, helping the Parisians to their 12th Ligue 1 title.
It is understood PSG have negotiated a 10% sell-on clause for Ugarte, with both clubs privately claiming they are happy 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.
Ugarte’s move to United was confirmed hours after Scotland international Scott McTominay left the Old Trafford club to sign for Napoli.
United have received a £25.7m fee and have a 10% sell-on clause for the 27-year-old academy graduate, who made 255 appearances in all competitions, scoring 29 times.
