Manchester United’s Alvaro Fernandez has completed a loan move to Benfica until the conclusion of the season, marking an official departure confirmed by the club’s website.
The loan deal, with a buy option of €6m and potential bonuses of €3m, was highlighted by reliable journalist Fabrizio Romano.
The agreement includes a provision for a permanent transfer if Fernandez starts in 50% of Benfica’s games.
In addition to the buy-back clause, matching rights, and a sell-on clause, Manchester United has secured significant considerations in the deal.
Fernandez, who impressed during a loan spell at Preston last season, earned the Young Player of the Year award for the 2022/2023 season.
Despite his commendable contributions during a loan stint with Granada, playing 13 times for the struggling La Liga side, Fernandez’s situation has transformed dramatically at Benfica.
Currently, Benfica is just one point away from the top spot in Liga Portugal and is poised to participate in the next round of the Europa League.
The 20-year-old Spanish under-21 international initially enjoyed regular playing time at Granada but saw an increased role off the bench towards the end of November.
Reports at the close of the year indicated Benfica’s interest in securing the player on loan, a move recently confirmed by Romano.
The inclusion of a relatively low buy option and an obligation to buy if Fernandez reaches the specified starting threshold suggests that Manchester United, under the management of Erik ten Hag, may have reservations about the player’s long-term future at Old Trafford.
Concerns have been raised about the potential impact on the club’s youth identity as promising academy talents are moved on, as discussed by The Peoples Person.