Manchester City has completed the signing of Rayan Cherki from Olympique Lyon after both clubs signed all necessary documents for the transfer. The deal is worth €36m in fixed fees, with an additional €6m in potential add-ons, and a 15% sell-on clause. Cherki, an attacking midfielder, has previously played for Lyon’s youth teams before breaking into the first team. He is known for his creative style of play.
Transfer Details
The fee for the transfer was reported to be close to €35m in the days leading up to the deal, with Manchester City gradually finalising the agreement. The finalised fixed fee is €36m, slightly higher than initial reports. The add-ons could potentially increase the total value to €42m.
Background
Manchester City had been in negotiations with Lyon for Cherki’s transfer since early June 2025, with reports emerging of a potential deal on multiple occasions, according to various sources. The clubs have now confirmed the transfer after signing all necessary documents.