Manchester United are said to be losing £12m in valuable transfer money this summer after Flamengo changed their minds about signing Andreas Pereira.
The 26-year-old has made 34 appearances in all competitions so far this season for the Brazilian side and the loan deal for the midfielder has the option of becoming his permanent residence for a fee that could be as high as £12m, depending on appearance.
It is now understood that this item will not be activated in accordance with ESPN This will result in United losing significant funds for next season.
Pereira is under contract with United until June 2023, but it seems that he has no future at the club, which is preparing for the arrival of a new coach this summer. The Brazil international made 75 appearances for the club, contributing four goals and five assists during his tenure.
Pereira has been a United player since 2011, having joined the club from PSV Eindhoven as a highly-rated player at the age of 15. Arriving in the youth ranks, his career at Old Trafford never took off, with United sending him on loan to Granada, Valencia, Lazio and now Flamengo.
The Brazilian had a brief stint of success under Ole Gunnar Solskjaer but he hasn’t taken advantage of it and is now paying the price.
It will be interesting to see where the midfielder goes in the summer, as he is still only 26 years old and still has plenty of time to turn his career around.