Bayern Munich have agreed to sign Leroy Sane from Manchester City for £54.8m in a five-year deal
The Bundesliga champions will pay an initial fee of £44.7m (€49m) for the 24-year-old German winger with £10m (€11m) in add-ons which takes the deal to £54.8m.
City have also included a 10 percent sell-on clause into the deal if the German club should they sell Sane in the future.
Sane is expected to fly to Germany in the next 24 hours to complete a medical.
The deal comes after Manchester City coach, Pep Guardiola recently revealed the club would not seek to sign a replacement for the winger as they have plenty of options who are capable of playing in that position.
Leroy Sane will depart the Etihad having made 192 appearances for City and scoring 52 goals for the club in all competitions.