Manchester United and Borussia Dortmund have reached an agreement in principle for the signing of forward, Jadon Sancho.
The payment structure has now been finalized in a deal worth around £73 million, with personal terms already agreed upon.
Dortmund’s initial asking price was in excess of £85 million, and the deal is also £35 million less than the £108 million valuations from last summer.
Sancho will join the team after England’s participation in the Euros, pending the completion of a medical.
Dortmund’s contract with the forward expires in the summer of 2023, and the club does not want to risk him entering the final year of his contract.
The Bundesliga giants are actively seeking replacements, with Donyell Malen and Noni Madueke of PSV Eindhoven being two players they have scouted extensively.
Sancho’s former club Manchester City has a sell-on clause, and if the deal goes through, they will receive a cash windfall from their cross-city rivals.
The 21-year-old came through Watford’s academy before joining City in 2015, but after turning down a new contract at the Etihad, he moved to Dortmund in 2017.
Sancho quickly established himself as a key player for Borussia Dortmund, scoring 50 goals in 137 appearances.