Man City confirm Allan Elias signing from Palmeiras

Manchester City have confirmed the signing of Allan Elias from Brazilian side Palmeiras on Monday, with the player finalising a five-year contract after completing his move.

According to Ben Jacobs, the agreement is worth €37.5m guaranteed with a further €2.5m in add-ons, taking the overall outlay to as much as €40m if the additional clauses are achieved.

The club’s confirmation places the transfer beyond negotiation and into completion, meaning Elias now joins City’s first-team group ahead of the coming schedule after leaving Palmeiras in Brazil’s top division.

The reporting does not specify a squad number or indicate when Elias could make a first appearance, while the triggers for the add-ons have not been detailed. The one element set out is the contract length, which runs for five years.

Official confirmation on Monday provides clarity around City’s incoming business late in August and indicates that all principal elements of the move have been signed off. As with many transfers involving international moves, any remaining formalities are expected to be procedural.

Beyond the headline fee and contract term, no further particulars were disclosed in the report, but the size of the package underlines the scale of City’s commitment as Elias makes the switch from Palmeiras to the Premier League.