Just in: Barcelona set to announce €55 million signing from Man City

In a major development in Barcelona’s pursuit of Manchester City forward Ferran Torres, SPORT’s Toni Juanmarti is reporting that the two clubs have reached an agreement over a fee of €55 million, claiming that the transfer is imminent.

Barça have been hot on the trails of the 21-year-old for quite some time now, as they sought reinforcements in the final third. Manager Xavi Hernandez had made the Spaniard his top priority owing to his versatile nature and technical qualities.

Talks over a transfer have been going on for a while, with the club director Mateu Alemany and CEO Ferran Reverter had travelled to Manchester, to try and close the deal. However, the Premier League champions’ unwillingness to lower their demands was proving to be an issue.

But, now a breakthrough has been achieved between the two clubs with an agreement over a deal worth €55 million, including variables, being finalised.

The journalist adds that of the aforementioned sum, €45 million will be the fixed part with the rest €10 million in variables.

He also claims that sources in Manchester are also confident of the move going through, although there could be differences in the valuations being reported, with media in England pointing that the deal, including variables, could go up to €70 million.

Toni Juanmarti also goes on to mention that the finer details of the deal, regarding the payment structures and variables are being worked out, but all things point towards Torres becoming a Barcelona player when the January transfer window opens in a little over a week.

Torres, a product of the Valencia youth system, is a proven hand in La Liga. At 21, he has his best years in front of him. With the player having done well at the Etihad Stadium and impressing with the Spanish national team as well, there is enough evidence to believe that he can be a top signing for the Blaugrana.