Manchester City has locked in personal terms with Palmeiras winger Allan Elias and is closing in on a transfer fee of €40 million plus add-ons, marking the club’s latest raid on Brazilian talent. The deal, while still awaiting a formal agreement between clubs, represents City’s direct response to losing Savinho, who is headed to Tottenham Hotspur in a deal worth approximately €100M.
What we know about the deal
Allan, whose contract with Palmeiras runs through December 2029, carries a reported release clause of €100M. City is not paying anywhere near that number.
Negotiations between the two clubs intensified through mid-to-late August 2026, with Palmeiras initially rejecting City’s approach. The Brazilian side has been firm about wanting a fixed fee of at least €40M, pushing back against a structure that would have loaded the package with performance-based bonuses rather than guaranteed cash.
That stance appears to have worked. The current agreement reportedly sits at €40M as a base, with add-ons layered on top. Personal terms between Allan and City have been settled, meaning the player himself is ready to go. What remains is the final handshake between boardrooms.
