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Fabrizio Romano provides fresh updates on the details behind Man City transfer

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In a major transfer coup, Manchester City has successfully secured the signing of 18-year-old Argentine attacking midfielder Claudio Echeverri from River Plate.

The Premier League champions have agreed to a substantial €14.5 million net fixed transfer fee with an additional €9 million earmarked for performance-related add-ons, deviating from the conventional add-ons tied to club titles.

This significant deal comes on the back of Echeverri’s stellar performances as the captain of Argentina’s under-17 squad in the recent World Cup.

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According to exclusive information from renowned transfer expert Fabrizio Romano, Manchester City and River Plate are currently in the process of signing all pertinent contracts to formalize the agreement.

The meticulous negotiation has paved the way for Echeverri to make the transition to European football, with the earliest possible switch slated for December 2024.

Manchester City faced stiff competition from European heavyweights such as FC Barcelona and Chelsea in the pursuit of Echeverri. Despite the challenging competition, the Premier League champions emerged triumphant, underlining their commitment to securing top-tier talent for the future.

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The fee structure agreed upon is noteworthy, with Manchester City opting for a €14.5 million net fixed transfer fee. The club has also demonstrated a strategic approach by including an additional €9 million in performance-related add-ons rather than conventional add-ons linked to club titles.

Read more:  Man City makes decision on Stefan Ortega and Ederson future

This nuanced approach reflects the club’s focus on rewarding the player’s individual performance and achievements.

As the deal nears its finalization, Manchester City looks set to bolster its ranks with the promising young talent, further strengthening their squad for future campaigns.

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The acquisition of Claudio Echeverri marks yet another strategic move by the Premier League champions as they continue to position themselves as a powerhouse in the football transfer market.

Manchester City’s successful negotiation for Claudio Echeverri with a €14.5 million net fixed transfer fee and additional performance-related add-ons underscores the club’s commitment to securing top emerging talents.

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