Manchester United agree £42.3m Manuel Ugarte deal as transfer approach explained

Manchester United have agreed a fee with Paris Saint-Germain to sign Manuel Ugarte, who is set to travel to Manchester today to undergo a medical ahead of his move to Old Trafford.

United have been pursuing the 23-year-old holding midfielder throughout the summer transfer window and after lengthy negotiations with PSG they have now agreed a fee of €50m (£42.3m), with a further €10m (£8.5m) in add-ons. Ugarte will now have his medical before signing a contract with United.

United had identified Ugarte as the ideal player to strengthen their midfield early in the summer but were reluctant to match PSG's asking price of a €60m fixed fee and they believe this deal shows their patient approach to the negotiations has worked, landing an attractive deal for a player they rate highly.

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Ugarte made the Copa America Best XI at this summer's tournament in the United States, which further enhanced United's view of him as one of the best young midfielders in the game.

The Uruguayan has been desperate to make the switch since learning of United's interest and he has been left out of PSG's opening Ligue 1 games of the season, with the French giants also in need of a sale to ease their Financial Fair Play concerns after a net spend of more than €400m across the previous two summers.

United had their own issues with FFP and the Premier League's Profit and Sustainability Regulations (PSR) to balance but the impending departures of midfielders Scott McTominay and Hannibal Mejbri, to Napoli and Burnley respectively, have given United breathing room in the final week of the window and PSG's need to sell has led to