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Published 07:35 28 Sept 2020 BST

Pep Guardiola is widely reported to have wanted City to sign Napoli's Kalidou Koulibaly this summer, but a deal for the 29-year-old has never appeared close despite persistent speculation. The Serie A side are said to have asked for£80m for the Senegal international, a fee which, given his age, City were reluctant to pay. Dias represents a cheaper, longer-term option.
His departure to The Etihad was confirmed by Benfica on Sunday night. The club also announced that a separate transfer had been agreed which would see City's Nicolas Otamendi move in the opposite direction.
The Argentina international has spent five seasons with City having joined them from Valencia. He has played in Portugal before, spending four years with Benfica's fierce rivals Porto earlier in his career.
Although the fees for Dias and Otamendi have both been agreed, the transfers are subject to the players agreeing personal terms. This, however, is not expected to be a problem.
The announcement came a matter of hours after City were humiliated by Leicester in their first home game of the new league season. A disastrous day saw them concede three penalties to Brendan Rodgers' men in a 5-2 defeat.Explore more on these topics:
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