Manchester City have reached a final agreement with Wolves on a new $67.6m fee for central midfielder Matheus Nunes.
According to The Athletic’s David Ornstein, there will be no add-ons as part of the deal but Wolves will pocket 10% of any profit City will make if Nunes is sold.
🚨 Manchester City reach formal agreement with Wolverhampton Wanderers to sign Matheus Nunes. Final fee settled on late last night: €62m, no add-ons, 10% of future sale profit to #WWFC. 25yo midfielder granted permission to do #MCFC medical @TheAthleticFC https://t.co/eCZzgPqe3e
— David Ornstein (@David_Ornstein) August 31, 2023
Man City set to seal deal for Matheus Nunes
City have been in the market for a new central midfielder throughout the summer and turned their attention to Nunes after a deal for Lucas Paqueta collapsed earlier this month.
The two clubs had provisionally agreed a deal worth over $60m as reported by Soccer Times last night but that offer still had to be formalized. Nunes has now been granted permission by Wolves to travel to Manchester to undergo a medical.
Young City midfielder Tommy Doyle is set to move in the other direction and will undergo a medical at the Molineux club ahead of a season-long loan with a $6.3m option to buy. City will also receive 50% of any profit Wolves receive if they decide to sell the 21-year-old, who spent last season on loan at Sheffield United.