The Uruguayan full back will bolster the Italian side’s defence for the coming season.
“FC Porto reached an agreement with Inter to transfer the sports rights, outright, of footballer Alvaro Pereira for €10M”, the Portuguese champions told their country’s stock exchange.
“This agreement provides for the payment of variable remuneration and the total will reach €15M.”
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.