Winger Alejandro Garnacho has reached an agreement in principle to sign a new five-year contract with Manchester United, a source revealed on Monday. The agreement is pending the finalization of some details pertaining to image rights.
Although the 18-year-old player’s current contract with the club runs until 2024, the source claimed that there is a financial incentive for the club to reach a deal to keep him on until 2028.
Garnacho’s salary is expected to be bumped as a result of his increasingly important role in the Man Utd squad, having become a regular in the first team since making his debut last April. Since then, he has made 27 appearances for the club, scoring three goals in all competitions.
Negotiations over a new contract for the teenager have reportedly been ongoing for months, with both parties finally reaching a consensus on the financial terms of Garnacho’s new deal. An official announcement of the new contract is expected to be made within the coming weeks.
Presently, Manchester United is going through a tumultuous period on the administrative front, with the potential sale of the club currently underway.
