Manchester United have completed their first transfer deal of the summer by striking a deal with Atalanta for Ederson.
At the start of July, Manchester United will complete the £38m signing of Ederson after finalising an agreement with Italian outfit Atalanta.
Ederson will arrive from the Serie A as Ineos’ first signing in a summer expected to be focused around a midfield rebuild.
The structure of the Ederson deal is confirmed to be a £35m guaranteed fee with add-ons that could take the cost up to £38m.
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How the Ederson deal impacts Man Utd’s budget
According to various reports, United set aside a £150m budget for midfielders this summer.
Subtracting Ederson’s guaranteed £35m fee, in simple terms, shows that United have £115m remaining to spend on midfielders this summer.
Fabrizio Romano has made it clear that United want at least one more midfielder, if not two.
Elliot Anderson’s price tag is £115m, so United have enough to challenge Manchester City for his signature should they wish to.
Aurelien Tchouameni is expected to cost £70m, while Brighton are still holding out for a big transfer fee for target Carlos Baleba too. West Ham want around £80m for Mateus Fernandes.
Now the Ederson deal is agreed… WHO SHOULD BE MAN UTD’S NEXT TARGET?
Let us know who should be signing number two…
How amortisation impacts Ederson’s fee
Transfer fees in the Premier League are amortised over the length of a player’s contract.
Ederson is set to sign a four-year deal with an option to extend by a further year.
According to reports in Italy, Ederson will earn around £83,000 per week at United, meaning he is nowhere near the club’s top earners.
READ MORE: Ederson’s shirt number at Man United, three options for £38m incoming midfielder
Ederson’s transfer fee and wages will be spread over four years when it comes to United’s PSR position, so actually the first deal of the summer will hardly make a dent in the budget.
Amortised over four years, Ederson’s £35m fee and £4.5m wages will cost United shy of £10m per year from a PSR perspective.
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