Manchester City have completed the signing of Croatia under-19 captain Ante Palaversa from Hajduk Split for an initial €4.8 million (£4.1 million).
— HNK Hajduk Split (@hajduk) January 31, 2019
Palaversa, 18, has signed a long-term deal with the Premier League champions and will return to Hajduk on loan until the summer of 2020 to continue his development, with City having the option to recall him in January of that year.
City will pay the Croatian club a further €1.5 million (£1.3 million) based on his development during his loan deal, while further bonuses could reportedly take the deal up to €9 million (£7.8 million) in the coming years. Hajduk will also receive 10% of any future sale.
Palaversa is one of Croatia’s most highly-rated young players and has been compared to Toni Kroos stylistically. A technically gifted central midfielder, he is said to have caught the eye of Pep Guardiola who will hope he develops enough to enter City’s first-team squad.
Speaking to the official Hajduk Split website, Palaversa said: “I’m glad the work of Hajduk’s academy has been recognised by one of the world’s biggest clubs. Thanks to Manchester City for the trust in me.
“There is still a lot of work ahead, I’ve not yet shown everything I can and I hope to play for Hajduk to justify the trust shown.”
— Nogomet+ (@NogometPlusNet) January 31, 2019