PSG on the verge of signing Manuel Ugarte from Sporting

According to reports emerging late Wednesday in the Portuguese press, and confirmed on Thursday by insider Fabrizio Romano, Paris Saint-Germain is showing a heightened interest in signing Sporting midfielder Manuel Ugarte and could be about to complete the signing of the South American youngster.

The leaked information mentioned that PSG has made an offer of up to €60m to Sporting for the rights of the midfielder, which matches the player's release clause and would force the Portuguese club to sell no matter what.

In a tweet published in the early morning of Thursday, May 25th, Fabrizio Romano confirmed the rumors linking the player with Paris Saint-Germain, also saying that the "terms of the deal have already been discussed."

The information revealed by Romano means that, if PSG are willing to pay the release clause, Ugarte could be considered a soon-to-be PSG player only pending an official announcement.

During the previous summer transfer window, PSG brought in several midfielders such as Vitinha, Renato Sanches, Fabian Ruiz, and Carlos Soler to provide support for Marco Verratti in the midfield. However, none of them fully satisfied the team's requirements throughout the season.

As a result, PSG's leadership is eager to strengthen their midfield options and has identified Manuel Ugarte, the promising 22-year-old Uruguay international playing at Sporting, as a potential target and the QSI-led organization might have already completed the signing of the South American.

According to information from Record, PSG has submitted a €60m bid to Sporting through the player's agent, Jorge Mendes. Negotiations are currently underway among all parties involved, and Ugarte is reportedly viewing a potential move to PSG as an appealing option.

It is also mentioned that Ugarte has informed his current club about his inclination to join the French giants. However, the deal is contingent upon reaching an agreement with Famalicão, a club that holds a percentage of Ugarte's economic rights.

That won't be a huge problem to deal with by any of the parties involved in this negotiation if we're realistic and honest. The player would definitely favor a move to PSG. PSG are going to pay the release clause. And there is no way minnows from Famalicao end up screwing an operation involving two behemoths in Sporting and PSG, let alone with such a lump sum of money baked into everything.

After signing Vitinha from Porto last year, the Parisian club seems to have found a gold mine in Portugal and they will keep digging into the lesser league of the Iberian country to snatch more extraordinary players at affordable prices.

French media outlets have seemingly been caught by surprise with Portuguese media overtaking them in revealing the breaking news. It won't take long for them to echo the news and confirm the second signing of PSG ahead of next season following the contract already pre-signed by Milan Skriniar last February.