PSG Secures Uruguayan Midfielder Manuel Ugarte in €60 Million Deal

 PSG Secures Uruguayan Midfielder Manuel Ugarte in €60 Million Deal

PSG Secures Uruguayan Midfielder Manuel Ugarte in €60 Million(Image-Getty)

Paris St Germain has completed the signing of Uruguayan midfielder Manuel Ugarte from Sporting Lisbon for a transfer fee of 60 million euros ($65.32 million). The 22-year-old defensive midfielder has agreed to a five-year contract with the club. The announcement was made jointly by both clubs on Friday.

Ugarte, a talented young player, began his professional career at his hometown club CA Fenix, making his first-team debut at the age of 15. He later made the move to Portugal, joining Famalicao before eventually being acquired by Sporting.

Having impressed with his performances, Ugarte earned a call-up to the Uruguay national team and participated in the World Cup held in Qatar last year. He currently has eight international caps to his name.

Expressing his delight at the move, Ugarte stated, "I'm really happy to take this big step in my career at such a great club. I'm going to give my all for Paris Saint-Germain."

Ugarte becomes PSG's third signing of the summer transfer window, following the acquisitions of center-back Milan Skriniar from Inter Milan and forward Marco Asensio from Real Madrid on free transfers.

In addition to their player signings, PSG also made a managerial change by parting ways with Christophe Galtier and appointing former Barcelona and Spain coach Luis Enrique as their new head coach. The club has been actively restructuring its squad and coaching staff as they prepare for the upcoming season.