Palmeiras and Manchester City have reached an agreement on a deal for 22-year-old winger Allan Elias, according to various reports.
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Transfer bosses at the Etihad Stadium have been thrust into action with just a handful of days remaining in the 2026 summer transfer window, mostly in light of the club reaching an agreement with Tottenham over a transfer for Savinho.
The North London side have been long-standing suitors of the former Girona winger, but have been dragging their feet over meeting a fee deemed acceptable by Manchester City for the most of the summer months.
However, over the course of last week, the two clubs finalised an agreement worth in the region of £85 million for the 22-year-old, enabling City to intensify their own pursuit of a direct replacement given Savinho's own desire to join Roberto De Zerbi's side.
Despite links to the likes of Chelsea's Pedro Neto and Paris Saint-Germain's Ibrahim Mbaye for most of the summer, that search has led the club to South America and a familiar club in Palmeiras.
Manchester City manager Enzo Maresca has explained why the club have received so many transfer requests from within their first-team squad this summer.cityxtra.co.ukEnzo Maresca: Why Savinho, Omar Marmoush, and Tijjani Reijnders Wanted to Leave Man City
Manchester City manager Enzo Maresca has explained why the club have received so many transfer requests from within their first-team squad this summer.
Man City agree deal for Allan Elias
Now, according to transfer market insider Fabrizio Romano, Manchester City have reached a verbal agreement with Palmeiras over the transfer of their highly-rated 22-year-old winger Allan Elias.
Figures at the Etihad Stadium have agreed on a deal for the Brazilian winger worth a fixed fee of €40 million plus add-ons, with various documentation being exchanged between the two clubs ahead of the winger's arrival in England this week.
Reporting from The Athletic's David Ornstein, however, indicates that Manchester City will instead pay a total of €40 million for Allan, comprising of a €37.5 million fixed fee plus a further €2.5 million in add-ons.
This is a developing story. More to follow.