A club statement read: "Real Madrid CF and Sport Lisboa e Benfica have reached an agreement for the transfer of Álvaro Carreras, who remains tied to our club for the next six seasons, until June 30, 2031. Álvaro Carreras trained at Real Madrid's youth academy, where he played between 2017 and 2020 in the cadet and youth categories. He joined Benfica from Manchester United after being named the English club's U23 player of the 2021-22 season. With Benfica, he won the Portuguese League Cup this year. Álvaro Carreras' presentation will take place tomorrow, Tuesday, at 1:00 p.m., at Real Madrid City."