Manchester City have reached a formal transfer agreement with Palmeiras to secure winger Allan Elias for a total package of £34m. The deal consists of a €37.5m fee plus a €2.5m bonus. The 22-year-old prospect is a significant addition to the squad, having made his debut for the Brazilian side last year.
Elias arrives at the Etihad Stadium with 96 senior appearances, contributing 9 goals and 12 assists. While he has not yet earned a cap for the Brazil national team, his output in South America has caught the attention of the Premier League staff. The move comes as the club navigates a busy summer window involving significant squad turnover.
Currently, Manchester City sit 7th in the Premier League with 3 pts, 1W-0D-0L from 1 games, recent form W. They prepare for an away fixture against Crystal Palace on August 28, while keeping Jérémy Doku and Ryan McAidoo sidelined.
Nico González nears Newcastle move
\In parallel news, Manchester City are in advanced talks to sell Nico González to Newcastle. The 24-year-old forward is expected to move to Tyneside for approximately £50m. This represents loss for the club, who paid Porto £49.8m for the player during the January 2025 transfer window.
The club hopes to use the funds from the González sale to target Enzo Fernández from Chelsea. Chelsea had set an August 14 deadline for an offer on the midfielder, which Manchester City missed. Fernández is reportedly willing to move in order to work with coach Enzo Maresca again.
Savinho and Tottenham interest
The transfer activity is further complicated by a reported intent to sell Savinho to Tottenham for £75m plus a £10m bonus. Spurs are also heavily interested in signing Omar Marmoush for an expected fee of £75m. The situation remains tense as Savinho reportedly told manager Enzo Maresca he wants to leave the club. However, Maresca stated on Friday that the winger had not expressed a desire to leave.
Other potential movements
The only completed senior signing for City this window is Elliot Anderson, who joined from Nottingham Forest for £116m. The club is now close to completing a deal for Ayyoub Bouaddi from Lille for €95m (£81.4m) plus a €5m bonus. Bouaddi reportedly underwent his medical on Monday.
Looking down the market, Manchester City remain interested in Liverpool forward Cody Gakpo. Tottenham are also monitoring his availability. Liverpool may agree to sell Gakpo if they secure Bradley Barcola and one additional winger. Meanwhile, Liverpool are considering a third bid for Yankuba Minteh from Brighton and are in negotiations with Paris Saint-Germain regarding Ibrahim Mbaye and Bradley Barcola.
