Overview

• Real Betis has offered a co-ownership arrangement for Antony featuring a €20m (£17m) up-front payment or a purchase obligation after a season-long loan
• Manchester United would retain a 50% sell-on clause under the proposal, ensuring a share of any future transfer value
• Antony has agreed to take a substantial pay cut to help secure a permanent move back to Betis after regaining form in Seville
• United executives are pressing for a higher immediate fee to reduce the financial loss from his £85m signing in 2022
• Club representatives from Betis and United have described talks as advanced, with both sides hopeful of reaching an agreement soon