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Manchester City have agreed a £65 million deal to sign Benfica defender Ruben Dias according to the Portuguese giants.
City defender Nicolas Otamendi will move in the opposite direction in a separate deal between the clubs worth £13.6 million.
Benfica confirmed both deals shortly after City’s humiliating 5-2 defeat at home to Leicester City, but said that both deals were subject to personal terms being finalised by both players.
Dias has made 137 appearances for Benfica since his debut in 2017, and was part of the Portugal squad during the World Cup in 2018. The classy defender was also named man of the match in the final of the inaugural Nations League in 2019 as Portugal beat Holland 1-0.
The 23-year-old will become City’s second major defensive signing of the summer transfer window with the club already bringing Nathan Ake to the club from relegated Bournemouth for £40 million in August.
Otamendi leaves the Etihad after five seasons in Manchester in which he won seven major honours, including two Premier Leagues.