Manchester City agree a transfer for Palmeiras winger Allan Elias. The Athletic reports the deal is €40 million in total, made up of a fixed €37.5 million fee plus €2.5 million in add-ons. BBC News says the agreement is worth up to £34.2 million.

The outlets differ in how they present the financial package, reflecting different currency conversions and how the ceiling value is described. Both accounts, however, indicate the same structure: a guaranteed component and additional performance-related payments that can increase the total fee. The transfer agreement is reported as being reached, but neither source details when the player would move or whether the final fee will depend on specific criteria.