Barrenechea comes on loan from Aston Villa, for a fee of three million euros. However, a purchase option of twelve million euros will be activated at the end of the season, in June 2026.
Following that, the player is anticipated to sign a five-year contract, as reported byFlashscore.
Aston Villa will also be entitled to receive 30% of any profit made from a future transfer of the player, capped at a maximum of ten million euros.
Following the exit of Orkun Kokcu to Besiktas and the conclusion of Renato Sanches' loan, who has returned to PSG, Benfica is starting to reconfigure their midfield.
In the midfield, Bruno Lage has Florentino Luis, Leandro Barreiro, and Fredrik Aursnes, along with Manu Silva, who is still recuperating from an injury.
Last season, Barrenechea made 32 appearances for Valencia, netting one goal and assisting twice, while on loan from Villa, who had acquired him from Juventus last summer for eight million euros.
Barrenechea was trained atNewell's Old Boys and has also played for FC Sion (Switzerland) and Frosinone (Italy).