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.
The city has also included a 10 per cent sell-on clause into the deal if the German club should they sell Sane in the future.
Sane is presently in Germany and will complete a medical later today.
— Christian Falk (@cfbayern) July 1, 2020
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.
He said: “We have enough good players upfront. Gabriel (Jesus) can play on the left, Phil Foden can play on the left, we have Raheem (Sterling) there. We have big, talented players upfront.