Manchester City have agreed a deal to sign Ferran Torres from Valencia for £24.5m (€27m) plus add-ons after successful talks on Wednesday.
Pep Guardiola, having sanctioned the sale of Leroy Sané to Bayern Munich after the Germany forward refused a new contract, targeted Torres to add to his attacking options after an impressive season in which the 20-year-old became Valencia’s youngest goalscorer in the Champions League.
Torres has agreed personal terms with City on a contract until 2025 and is understood to be keen on working with Guardiola. Despite Valencia initially demanding €45m for a player who in November became the youngest in their history to play 50 La Liga games, they have accepted a lower bid with significant add-ons given he has only one year left on his deal.
City are also in the market for central defenders and have held talks with Bournemouth over Nathan Aké. Their director of football, Txiki Begiristain, has said he is expecting a “strange” transfer window given that it will remain open for several weeks after the start of the new season on 12 September.