Transfer News: Benfica announce Manchester City deal for defender

Manchester City have agreed a £65m deal to sign defender Ruben Dias, Benfica have announced, with Nicolas Otamendi moving in the opposite direction.

The deal for Dias is worth an initial £62m, with a further £3m subject to add-ons, and was confirmed in a statement from Benfica on Sunday night following City’s 5-2 defeat at home to Leicester.

In the statement, the Portuguese club said they had agreed on a separate fee of 15m euros (£13.6m) to sign Otamendi.