Manchester United have a full agreement with PSG for the signing of midfielder Manuel Ugarte.
The deal is worth an initial £42.2m but could be as much as £50.7m (€60m) including performance-related add-ons.
Ugarte is expected in the UK on Tuesday to have a medical and sign off on personal terms.
PSG went into negotiations wanting the £51.1m (€60m) fee they paid Sporting Lisbon last summer before bonuses.
The clubs have compromised given the willingness of all parties to get a deal done.
The Uruguayan will join United just a year after PSG paid Sporting Lisbon £51.1m for the player.
Sky Sports News reported Ugarte set his heart on a move to Old Trafford this summer and personal terms were never a problem in negotiations.
PSG and United had both been keen to agree on a permanent deal, although talks also took place regarding a loan move which included an obligation to buy.
United had to sell players before a deal could move forward but the exits of Facundo Pellistri to Panathinaikos and Hannibal Mejbri to Burnley created sufficient space in Erik ten Hag’s squad for Ugarte this summer.
Ugarte was not involved in PSG’s match-day squad for their Ligue 1 opener against Le Havre, which ended in a 4-1 win for the reigning champions.
The midfielder led the top flight of French football in tackles last season (98), despite only starting 21 games across the 2023/24 campaign.
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Sam Tighe explains why PSG’s Manuel Ugarte is the perfect fit for Erik ten Hag’s Manchester United side.
