The Red Devils are aiming to bolster the defensive midfield department and they have identified Ugarte as one of their top transfer targets.

However, they are not in a position to afford a permanent deal due to limited funds. Hence, the club are likely to propose an initial loan.

Ugarte has already given the green light for a potential move, but the final decision depends on PSG, who may want a replacement.

They are currently in negotiations with Benfica for wonderkid Joao Neves . His arrival could pave the way for Ugarte's possible exit.

Liverpool have also been credited with an interest in Ugarte, but they are likewise reluctant to meet the €50m asking price to sign him.

The Reds are on the look out for a more versatile and creative player and prefer to sign Teun Koopmeiners from Atalanta instead.

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