Benfica have announced that they have agreed a deal to sell the centre-back Rúben Dias to Manchester City for €68m (£62m) plus a potential €3.6m in add-ons. Nicolás Otamendi will join Benfica or a fee of €15m.

Dias, the Portugal international, has agreed a five-year contract with Pep Guardiola’s side, while Otamendi will join Benfica on a three-year deal. The Argentinian leaves City after five seasons at the Etihad Stadium.