BREAKING NEWS:On Friday morning, Manchester United finalized the signing of a top South American talent for £60 million. The player will don an iconic jersey number, with the medical team ready to welcome the club’s third signing of the summer.

Manchester United has already made two signings this summer, bringing in Joshua Zirkzee and Leny Yoro, and they are now in negotiations to secure Ugarte from PSG.

According to Fabrizio Romano, United has agreed on personal terms with the South American midfielder, and discussions are ongoing between the two clubs to finalize the transfer fee.

A report from L’Equipe, cited by SportWitness, indicates that PSG is reluctant to sell Ugarte at a loss after purchasing him from Sporting for £50 million.

As a result, they are reportedly asking for around £59 million for the midfielder. However, United is not keen on spending that amount and might propose a loan deal that includes an option to buy.

Last season, Manchester United experienced an average campaign in the Premier League, finishing in eighth place. They managed to redeem their season by winning the FA Cup, but the club’s management recognizes the need for improvements in the squad to return to top-tier competition.

While they have strengthened their attacking and defensive lineups, the holding midfield position is now a priority for upgrades. Last season, Casemiro, Scott McTominay, and Sofyan Amrabat (on loan) filled this role, but none provided the consistency required.

Ugarte could significantly enhance United’s midfield. He possesses excellent ball control and an outstanding work rate when defending.

Much like Casemiro, he is not afraid to challenge for the ball and has demonstrated a higher success rate in tackles. At just 23 years old, Ugarte has the potential to adapt and grow within United’s setup.

Given the substantial investments made in Zirkzee and Yoro, it seems unlikely that United will pay the full £59 million for Ugarte. A loan deal would be ideal, allowing the club to evaluate his performance in the Premier League before making a permanent commitment.

Additionally, PSG might prefer to include an obligatory buy clause in any potential loan agreement, especially as they are reportedly close to signing his replacement, Joao Neves, from Benfica. This situation underscores the complexity of negotiations and the balancing act both clubs face in their respective transfer strategies.

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