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.
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