Marcos Rojo
Rojo's versatility will prove to be an added benefit for Manchester UnitedReuters

Manchester United have finally confirmed that they have reached an agreement with Sporting Lisbon over the transfer of Argentine defender Marcos Rojo.

"Manchester United is delighted to announce it has reached an agreement with Sporting Lisbon to sign defender Marcos Rojo, subject to a medical and agreeing personal terms," read a statement on the club's official website.

Sporting, who were earlier very reluctant to sell their Argentine defender, also confirmed the news on their official website. 

"The Sporting Clube de Portugal, Futebol, SAD announces to have reached agreement with Manchester United Football Club Limited for the acquisition outright of sports rights and 100% of the economic rights of the player Marcos Rojo," read a statement on the Portugal side's official website.

This deal will also see Nani join Sporting on a season long-loan, with United reportedly covering the majority of his £120,000-a-week wages.

"Sporting SAD have reached an agreement with Manchester United for the temporary transfer, free of charge, for the Sporting SAD athlete Nani, until the end of season 2014/2015," added the statement.

Sporting have revealed that United will be paying a total amount of €20 million for Rojo, €10 million upfront and €5 million each in two instalments on 1 December 2014 and 1 July 2015.

Also, the Portuguese side announced that the Red Devils will have to pay them 20 percent of any future transfer fee if the amount exceeds €23 million.

After failing in their attempts to sign Borussia Dortmund's Mats Hummels, who decided to remain at his current club, and Arsenal's Thomas Vermaelen, who joined Barcelona, United, who are desperately in need of new defenders following the departures of Patrice Evra, Rio Ferdinand and Nemanja Vidic to Juventus, Queens Park Rangers and Inter Milan respectively, will be delighted to secure the signature of the 24-year-old Argentine.

Also, the versatile defender, who is capable of playing in the left-back as well as the centre-back position, will be a good addition to the Red Devils squad, especially with new manager Louis van Gaal trying to implement his new 3-5-2 system at Old Trafford.

Rojo will be Manchester United's third major summer signing following the arrivals of Luke Shaw and Ander Herrera from Southampton and Athletic Bilbao respectively.