Transfer news: Full list of all done deals in August 2026

Manchester City completed the signing of Eduardo Alvarez from River Plate on 15 August 2026, securing the Argentine winger for £52 million. The 22-year-old arrives following an impressive Copa Libertadores campaign, during which he netted eight goals and provided five assists across 14 matches. City's move reinforces their attacking depth after a challenging 2025–26 season that saw them finish second in the Premier League, ten points adrift of Liverpool.

Alvarez's arrival strengthens Pep Guardiola's squad precisely where injuries have exposed vulnerabilities on the wing. The Argentine international has accumulated 34 competitive appearances for River Plate, establishing himself as one of South America's most promising talents. This transfer echoes City's previous success with young South American prospects, mirroring the trajectory of Julián Álvarez, who has flourished since joining the club. Securing attacking reinforcement now positions City to challenge for the title this season.

Alvarez is expected to compete for minutes alongside Phil Foden and Bernardo Silva, potentially serving as cover across multiple attacking positions. The winger made 41 appearances during River Plate's 2025–26 campaign, demonstrating the fitness and consistency required for Premier League football. Should he adapt successfully to English football, City's investment could prove transformative, offering the club elite-level depth as they pursue domestic and European honours during the 2026–27 campaign.