CF Montreal sign Ivan Jaime from Porto as designated player

CF Montreal signed Ivan Jaime on loan from FC Porto with an option to buy Friday.

The 24-year-old midfielder becomes the club's second designated player after Italian forward Giacomo Vrioni.

Jaime's loan spell runs until June 30, 2026. Should Montreal exercise the option to make his stay permanent, the Spaniard will be under contract until the end of the 2027 MLS season. There are additional options for the 2028 and 2029 campaigns.

Jaime cost Porto around $10 million to sign from fellow Portuguese side Famalicao in 2023, according to GiveMeSport's Tom Bogert.

"We are very pleased to welcome Ivan Jaime to our squad," said Luca Saputo, the club's managing director of recruitment and sporting methodology. "His profile and qualities are fully in line with the sporting vision we want to build within our club. His technical talent and ability to make a difference in the offensive third will bring a new dimension to our team."

CF Montreal were busy in the days leading up to Jaime's arrival.

The club sent Joel Waterman to Chicago Fire on Wednesday in exchange for $500,000 in general allocation money (GAM) spread over the 2025 and 2026 seasons. Montreal also sent $175,000 in GAM to Sporting Kansas City to acquire an international roster spot.

On Thursday, Montreal sold Caden Clark to D.C. United for a guaranteed $700,000 fee plus $100,000 in add-ons and a percentage of his resale value. Later that day, Montreal acquired Bode Hidalgo from Real Salt Lake for $200,000 in 2025 GAM, plus a conditional amount of up to $150,000 in GAM and a second-round pick in the 2026 MLS Superdraft.