Manchester United set €28 million asking price for Manuel Ugarte | OneFootball

Manchester United are ready to cut their losses on midfielder Manuel Ugarte, placing a €28 million (£24.2m) asking price on the Uruguayan international ahead of the summer transfer window.

The decision represents a significant financial hit for the INEOS-led regime, with United prepared to accept nearly half of the initial £50.7m fee paid to Paris Saint-Germain to secure his services in the summer of 2024.

The 25-year-old’s time at Old Trafford appears to be nearing its end after a challenging two seasons in England.

Signed by former manager Erik ten Hag, Ugarte has consistently struggled to adapt to the Premier League.

His standing within the squad has diminished significantly under Michael Carrick. Ugarte made just eight Premier League starts during the 2025–26 campaign and failed to play a single minute in United’s final six matches.

With United actively restructuring their midfield—highlighted by the impending £39m arrival of Atalanta powerhouse Ederson—the Red Devils are eager to clear Ugarte’s wages from the books.

The United hierarchy acknowledges that Ugarte’s decline makes him a difficult asset to market, and the club is open to a structured deal, including a loan with an obligation to buy, provided a suitor meets their valuation.

Turkish giants Galatasaray have emerged as frontrunners for his signature, with club president Dursun Ozbek ready to back a significant financial package.

Ugarte has reportedly given the green light to a move to Istanbul, where the chance to anchor the midfield alongside international teammate Lucas Torreira could revive his stalling career.