34m

Manchester City have signed winger Allan Elias from Palmeiras in a deal worth up to £34.2m.

City have paid an initial £32m plus £2.2m in add-ons for the 22-year-old Brazilian, who has signed a five-year contract.

Allan is a direct replacement for compatriot Savio, who completed a £75m move to Tottenham Hotspur last week.

The right-sided winger scored nine goals and provided 12 assists in 96 appearances in all competitions for Brazilian top-flight side Palmeiras after progressing through the club’s youth system.

“This is a surreal moment for me. Manchester City, with everything they have won over the past 15 years, are one of the most attractive clubs in the world for players,” Allan said.

“To be able to sit here today and say I have joined them is the proudest moment of my life.

“I love Palmeiras and always will – but the decision to come to City was an easy one. I want to be the best footballer I can be and the conversations I’ve had with the people at City so far has convinced me there isn’t a better place for me to fulfil my ambitions.”

Allan is the latest addition to Enzo Maresca’s squad during a busy summer window.

City have spent over £230m so far this summer with Elliot Anderson arriving from Nottingham Forest for £116m and Ayyoub Bouaddi joining for £85.6m from Lille.

City are in talks with Liverpool over a move for Dutch forward Cody Gakpo and are keen to sign Chelsea midfielder Enzo Fernandez.

However, City have raised over £286m in player sales with 2026 World Cup Golden Ball winner Rodri making a £65m move to Barcelona, and Tijani Reijnders joining Al-Qadsiah for £52m.

Nico Gonzalez and James Trafford also commanded significant fees, while Omar Marmoush’s loan to Tottenham includes an obligation to make the move permanent next summer for £60m.

This move for Bamba underlines a marked shift in transfer strategy for Newcastle.

It is certainly hard to imagine the club spending £55m on a 29-year-old again like they did when they signed forward Yoane Wissa from Brentford last summer.

Instead, Newcastle have targeted players aged 20 and under on the continent this time around.

Bamba, like Steur, Ewen Jaouen and Bazoumana Toure, will need time to adapt to the physicality and intensity of the Premier League.

It is worth stressing Bamba has made only 12 competitive starts in all competitions for Monaco.

But Newcastle have to take calculated risks this summer before such talents become potentially out of reach.

Just like Newcastle‘s £23m move for Steur, negotiations were carried out discreetly by all parties involved.

News that an agreement had been reached arrived only when Bamba was on his way to Tyneside.

Further reinforcements are needed, but Newcastle are set to complete their fourth signing of the summer.

By contrast, at this stage of a particularly turbulent window a year ago, the club had brought in only Anthony Elanga.