Manchester United have confirm the signing of Bruno Fernandes for an initial €55m fee that will later rise to €80m.
After weeks of negotiations, United executive vice-chairman Ed Woodward reached an agreement with the Portuguese super club, a move that will surely entice disillusioned fans.
Sporting Lisbon will receive €55m (£46.56m) initially then will receive a further €10m (£8.46m) from United if Fernandes reaches what are considered easily achievable targets and an additional €15m (£12.7m) if more difficult targets are met. It is understood these clauses include Fernandes winning the Ballon d’Or.
Manchester United confirming the deal on it’s website on Wednesday evening, wrote ‘Manchester United is delighted to announce it has reached agreement with Sporting Clube de Portugal for the transfer of Bruno Fernandes. The deal is subject to a medical and the agreement of personal terms. A further announcement will be made in due course.’