Manchester City have agreed a deal to sign Valencia winger Ferran Torres, according to reports.
City recently said goodbye to Leroy Sane, as the winger returned to Germany to join Bayern Munich. But with their Champions League ban overturned, they have quickly shifted focus to attracting a replacement.
The player it appears they are about to sign has been in demand for several months. Torres made 34 appearances in the recently completed La Liga season, and has attracted interest from Liverpool and Manchester United.
The latter had reportedly identified Torres as a cheaper alternative to Jadon Sancho. However, their rivals have stolen a march on them.
According to sources in England, City are on the verge of agreeing a deal for Torres. The initial fee is said to be in the region of £20.9m.
Valencia are under pressure financially to sell some of their prize assets, presenting a good opportunity for potential suitors. With Torres in the final year of his contract, they have been able to reach an agreement at a lower price than may have been expected.
With the clubs happy for the deal to go through, the player has also given the move his blessing. According to The Guardian who say the fee is actually £24.5m Torres has agreed to sign a five-year deal.
The chance to work under Pep Guardiola was a major factor in convincing Torres, who is a Spain Under-21 international. Valencia had previously valued him at around £40.8m.
Torres became Valencia’s youngest ever Champions League goalscorer in 2019. Valencia will not be in the competition again next season, but his potential new club will, after the Court of Arbitration for Sport overturned City’s UEFA ban.