AC Milan makes early inquiry for Manuel Ugarte as Jorge Mendes shops him in Serie A
AC Milan has received an initial approach for Manchester United midfielder Manuel Ugarte ahead of the summer 2026 transfer window. The club acknowledged the contact, but no formal negotiations have started.
Ugarte, 23, signed for Manchester United from Paris Saint-Germain in August 2024 for £42 million, with add-ons potentially taking the fee to £50.5 million. In the 2025/26 season, Manuel Ugarte has made only seven starts across 23 appearances and has logged 915 minutes total.
Agent Jorge Mendes is marketing Ugarte to multiple Serie A clubs at the same time, including Juventus and Napoli, indicating United could be open to a sale. Milan’s interest is not entirely new; the Rossoneri previously tracked Ugarte earlier in his career.
Reports have also linked a possible swap involving Milan’s Rafael Leão and Ugarte, but nothing has been finalized and this remains speculative.
For potential suitors, the main focus is price. Since United paid up to £50.5 million less than two years ago, and Mendes is simultaneously contacting several clubs, that multi-team activity may weaken United’s leverage in any negotiation for Manuel Ugarte.
Neutral
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Historically, non-crypto sports headlines rarely move crypto markets. Traders typically treat such items as background noise unless they connect to identifiable crypto corporate events (e.g., sponsor announcements, exchange partnerships, or regulatory actions). Here, the only actionable market-relevant “signal” is the general idea of transfer-market activity, which doesn’t affect crypto order books, risk premia, or volatility.