Manchester City closing in on agreement with Valencia for Ferran Torres

Manchester City and Valencia are closing in on an agreement for winger Ferran Torres, reports BBC and several other big outlets. The English giants are reportedly paying an initial €23m which could rise to €35m through a series of bonuses. Torres will be the direct replacement for Leroy Sane, who completed a move to Bayern Munich earlier this month.

The young Spanish winger has one-year left on his contract at financial troubled Valencia, who are expected to be having a massive clear-out this summer. While the club wanted to offer Torres a new deal, it is believed the winger had set his sight on a transfer. Earlier Torres had been linked with Manchester United and Real Madrid.

Torres will be City’s first summer signing in a transfer window where City is expected to spend some serious cash. Pep Guardiola wants to strengthen his squad and is targeting at least one centre-back, with John Stones and Nicolas Otamendi possibly leaving the club this summer. Bournemouth’s Nathan Ake has being tipped as City’s main target.