Manchester City Seals Claudio Echeverri Transfer from River Plate for €14.5m

The young talent, who turned 18 on January 2, has penned a deal with the Premier League giants that will keep him at the club until June 2028.

Echeverri's transfer to Manchester City is significant, valued at an initial £12.5 million, with potential add-ons of around £7.5 million. 

According to Fabrizio on X, "Manchester City finally confirmed Claudio Echeverri's deal from River Plate. €14.5m net fixed fee to River.  

"€9m add-ons performance-related. Add-ons only related to player, NOT club titles. Staying on loan at River until December 2024."

His performances, particularly as captain of Argentina at the Under-17 World Cup, have marked him as a player of high potential. Notably, he scored a hat-trick in the quarter-final win over Brazil.

As part of the deal, Echeverri will remain on loan at River Plate until January 2025. This decision reflects Manchester City's strategy of investing in young talents and allowing them to develop further at their current clubs. 

River Plate, managed by former City defender Martin Demichelis, will continue to nurture Echeverri's skills for another year, providing him with a platform to grow and gain more first-team experience before he makes the move to Manchester City.