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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Chelsea have struggled to build momentum in the opening stages of the campaign and are currently looking over their shoulders at the relegation zone.
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