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Real Madrid Agree €50 Million Instalment Deal for Álvaro Carreras as United Considers Buy-Back Clause

Manchester United must formally renounce its buy-back option to clear the final hurdle for Carreras’s switch to Madrid.

Overview

  • Real Madrid and Benfica have finalized a €50 million transfer fee for the left-back, payable in instalments to spread the cost.
  • Manchester United retains a buy-back clause that it must decide not to trigger before the move can be completed.
  • Carreras rebuilt his career after failing to make a senior appearance at United, earning a permanent transfer to Benfica in 2024 following successful loans.
  • The instalment structure reflects a growing trend in elite football to manage financial risk through phased payments.
  • Under new manager Xabi Alonso, Real Madrid have prioritized defensive reinforcements, with Carreras poised to compete for the left-back position.