Spartak Moscow has communicated to Feyenoord that they are not open to a loan deal for striker Manfred Ugalde. De Telegraaf reported that the Moscow club informed the Dutch team of their willingness to part with the 23-year-old forward before winter, but only for a fee of €25 million. Ugalde is reportedly eager to transfer to Feyenoord, even if it requires him to take a pay cut. Earlier, Championat noted that Feyenoord was interested in acquiring Ugalde on a loan basis with an option to buy for €20 million. Ugalde joined Spartak in January 2024 and has since participated in 57 matches across various competitions, scoring 19 goals and providing six assists. His contract with Spartak is valid until June 2028. Transfermarkt estimates the player's market value at €15 million.

Feyenoord has made a proposal to Spartak for the loan of their forward, Manfred Ugalde, with an option to buy for €20 million. Spartak, however, is insisting on a direct transfer and would like to receive €25 million for Ugalde. The player's agent is urging him to leave Spartak as he has become the third-choice forward. Ugalde has not been involved in any scoring actions in five games this season. His current contract with Spartak runs until the summer of 2028, and his market value is estimated at €15 million according to Transfermarkt.

Telegraaf.nl reports on Feyenoord's interest in acquiring Manfred Ugalde. Feyenoord is interested in acquiring Manfred Ugalde. Spartak Moscow has stated that a loan is not an option and a sale is only possible before winter if a fee of 25 million euros is met. Ugalde is willing to reduce his salary to return to the Eredivisie. However, Spartak Moscow has control over the transfer and Feyenoord's efforts are complicated by ethical concerns due to the ongoing conflict between Russia and Ukraine.

According to Voetbal International, Feyenoord is considering taking Spartak's forward, Manfred Ugalde, on loan. The Rotterdam club finds it challenging to make a permanent transfer immediately, so a loan with an option to buy is seen as a more realistic deal. Last season, Ugalde participated in 36 matches across all competitions, scoring 18 goals and providing six assists. He has not recorded any goals or assists in five games this season. His current contract with Spartak runs until the summer of 2028. Transfermarkt lists his market value at €15 million.