Manchester City have completed the signing of highly-rated 18-year-old Argentina midfielder Claudio Echeverri from River Plate, the club announced on Thursday.
The 18-year-old has signed a contract with the Premier League champions until June 2028 but will remain at River Plate until next January before moving to City. Sources told ESPN the deal is worth around £12.5 million ($15.9 million) plus add-ons
Echeverri, who ESPN sources reported Barcelona were also interested in, captained Argentina at the U-17 World Cup last year and played in their run to the semi-finals, where they lost on penalties to Germany.
At the U-17 World Cup, he scored five goals, including a quarter-final hat-trick against Brazil, and won the Bronze Ball as the tournament’s third-highest scorer.
River handed Echeverri his first team debut in June last year and he made an immediate impact by assisting in a 3-1 win over Instituto. He made a total of six first-team appearances for the Argentine giants.
The deal City agreed for Echeverri is similar to the one that eventually brought Julián Álvarez to the Etihad.
Álvarez was signed from River Plate in January 2022 but remained in South America until the following summer. He made his Premier League debut in August 2022 and won the Premier League title, the FA Cup, the Champions League, the Super Cup and the Club World Cup.
He was also part of the Argentina team that won the 2022 World Cup in Qatar.