Alvaro Fernandez Completes Permanent Transfer to Benfica from Manchester United
Full-back Alvaro Fernandez has officially completed a permanent transfer from Manchester United to Benfica, following the Portuguese club’s decision to exercise their option to buy the young defender after his successful loan spell.
The 21-year-old impressed during his six months in Lisbon, making 16 appearances for Roger Schmidt’s side and contributing to their second-place finish in Liga Portugal, just behind rivals Sporting CP.
Successful Loan Spell in Lisbon
Fernandez’s time at Benfica showcased his potential and ability to adapt to top-tier football. His performances earned praise from both fans and club officials, leading to the decision to secure his services on a permanent basis. Benfica had intentions to sign Fernandez permanently, and the deal was confirmed by both clubs on Sunday night.
Transfer Details and Financials
Manchester United confirmed the transaction as their first of the 2024 summer transfer window. The deal is valued at around £5 million, with an additional £2.5 million in potential add-ons.
Despite never making a senior appearance for Manchester United, Fernandez’s development at the club’s academy and subsequent loan spells have proven his worth.
In a statement, United expressed their best wishes for Fernandez’s future, stating: “Everyone at United would like to wish Alvaro all the best of luck in the future and will be keeping an eye on his progress.”
Career Development
Fernandez joined Manchester United from Real Madrid’s youth setup and featured 62 times for United’s academy teams. Although he didn’t break into the senior squad under Ole Gunnar Solskjaer or Erik ten Hag, he gained valuable experience through various loan spells.
In the first half of the current season, he spent time in La Liga with Granada. The previous season saw him named Preston North End’s Young Player of the Season after a successful year-long loan in the Championship.
Strategic Deal Structuring
Manchester United are satisfied with the terms of the deal, having secured a buy-back clause and a sell-on fee should Fernandez be transferred to another club in the future.
This approach reflects the club’s strategy of building protections into transfer agreements for their young talents. Similar clauses were included in Hannibal Mejbri’s loan to Sevilla, ensuring United retain a degree of control and financial interest in their players’ future moves.
Alvaro Fernandez’s permanent move to Benfica marks a significant step in his career, offering him the opportunity to continue his development at a top European club.
For Manchester United, the deal represents a smart financial and strategic decision, ensuring they benefit from Fernandez’s potential future success. As Fernandez embarks on this new chapter, both United and Benfica will be keenly watching his progress.
Alvaro Fernandez Completes Permanent Transfer to Benfica from Manchester United
