Manchester City are close to agreeing a three-year contract extension with Matheus Nunes, including a £20,000-a-week pay rise, despite uncertainty surrounding the club’s financial case.
The proposed deal would take the Portugal international’s basic weekly salary to £150,000 before bonuses and incentives. Nunes’ current contract runs until the summer of 2028.
The move is intended to secure the future of a player who has become an important part of Manchester City’s plans, particularly after establishing himself as the club’s first-choice right-back.
Manchester Evening News reports that an agreement over the new contract is nearing completion. The improved terms would also strengthen Manchester City’s position should they receive future offers for Nunes, with Real Madrid among the clubs reported to be interested in him.
Manchester City are awaiting a decision in the case relating to allegations of financial breaches. Potential penalties could include a substantial points deduction, which could threaten the club’s place in the Premier League, or other sanctions affecting their participation in domestic competitions.
The uncertainty has prompted questions over the futures of several Manchester City players because of the possible effect of any punishment on the club’s football project. However, the proposed extension for Nunes indicates that the club’s management remains committed to retaining players considered central to its plans.
Nunes joined Manchester City from Wolverhampton Wanderers in the summer of 2023 for €62m. He was not a regular starter during his first season, beginning only seven matches in the starting XI, and was used more frequently in midfield.
His role changed after Kyle Walker’s departure in 2025, when the coaching staff began deploying Nunes at right-back. The Portugal international gradually made the position his own and started 32 matches there last season.
Right-back remains an area Manchester City are prioritising in the transfer market, despite Nunes’ progress. The club are also assessing the position because the player is currently injured and because of reported interest from major clubs, led by Real Madrid.
An extended contract would give Manchester City greater protection while the club awaits the outcome of the financial allegations and the related appeal. It would also ensure that Nunes’ growing importance to the team is reflected in his terms, after his move from midfield to the defensive position.
