Manchester City has confirmed the Signing of River Plate Midfielder for a shocking transfer fee of £100M

After completing his move to Manchester City, Claudio Echeverri will spend a year on loan at River Plate, the Argentine team has announced.
The 18-year-old is anticipated to sign with City this month from the same team that signed Julian Alvarez two years prior. Alvarez was acquired by City for £14 million in January 2022, and as part of that agreement, he was given permission to return for six months on loan to River Plate, until the start of City’s 2022–2023 preseason.
River Plate confirmed this week that midfielder Echeverri, who is younger than Alvarez was when he signed for City, will stay with them for a year, until January 2025. The terms of the deal are comparable for both players.
Enzo Francescoli, the sports director, acknowledged the transfer’s success and Echeverri’s 12-month stay at River in an interview with SportCenter (via ESPN Deportes).
“He is very calm, I see him the same as last year,” Francescoli stated. He must undoubtedly be dealing with personal issues. But he’s a lovely boy, so he deserves it. He is doing quite well, staying grounded beyond what occurs to an eighteen-year-old. He and I had a conversation a few days ago. He’s fine, serene.”
The director responded to the outcry from River supporters that the team had not extended Echeverri’s contract, acknowledging that the financial realities of South American football rendered his team basically helpless in retaining the midfield player.
“I recognise. People are impatient when they don’t understand how things work. The perfect world that was once thought to exist no longer exists,” he stated. “You must daily contend with the effects of globalisation. In football, the same thing takes place. It shouldn’t surprise anyone. Long-term project sustainability is quite hard.
“These players—like Claudio—who surprise and thrill a lot of people are the ones who are inevitable. markets that are farther away and others that are closer, such as Brazil, which has a stronger economy than ours and a more straightforward path in the economic realm. River needs it in order to contemplate having him play for a year at the very least.
“A sale for relatively similar money without going to the clause, which is really what we want, and he stays with us for one additional year. The boy’s representation, City, who had the option to wait six months to accept him, and everything else have all gone smoothly. There are numerous considerations that need to be made. The market and the circumstances in Argentina now as well.”
“The sale has excellent financial results. Though he is only eighteen, we are aware of the conditions he has. It is not possible to impose a 100 million dollar clause on players as you would with high-paying players in Europe. It’s not really that simple.”