Sporting Lisbon midfielder Manuel Ugarte has reportedly rejected a new contract with the Portuguese giants amid rumoured interest from the likes of Newcastle United and Tottenham.
According to Record, the Uruguay international has turned down fresh terms with Sporting that would have seen the midfielder earn an increased wage, but more importantly, bump up Ugarte’s release clause from €60m (£53m) to €80m (£70m) ahead of the summer window.
As per the report, interest from English sides has grown in recent weeks, though Record have recently claimed that Newcastle and Tottenham are chasing Ugarte, who could now be set to leave Portugal in the summer having rejected this latest contract offer from Sporting.
Ugarte’s stock has risen considerably this season having impressed for Sporting both in the league and in Europe, with the 21-year-old also a regular for Uruguay at the 2022 FIFA World Cup last year as the midfielder caught the eye of many out in Qatar.
The South American youngster was heavily linked with a move away from Sporting in January, however, the Portuguese giants were resilient in keeping hold of the Ugarte, though the midfielder rejecting a new contract with the club is a worrying sign that the Lisbon-based side could be set to sell the Uruguayan.
Indeed, with Newcastle and Tottenham both in the market for a new central midfielder, Ugarte could be perfect given his incredible feats this season and his exciting potential, and this latest update suggests that Sporting might soon cave in and list the youngster for transfer ahead of the summer.
Ugarte rejecting new Sporting contract is huge news
Few defensive midfielders in Europe are currently as hyped as Ugarte, and with the youngster turning down Sporting’s latest offer, Newcastle or Tottenham could now have a huge chance at signing the 21-year-old in the summer.
With a £53m release clause, Ugarte could be worth the cost given how exciting the midfielder is and how much both Tottenham and Eddie Howe’s Newcastle are looking to sign a player in the position, with the Uruguayan well worth the long-term investment.