Man City have reached a verbal agreement with Wolves for midfielder Matheus Nunes.
Man City are expected to pay £47.3m (€55m) for the 25-year-old initially, with add-ons still yet to be finalised.
There is no formal agreement yet, and discussions remain ongoing.
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Highlights from the match between Sheffield United and Manchester City in the Premier League
Nunes, who has a contact until 2027 with the option of a further year, had not been turning up to Wolves training in a bid to force through a move to the treble winners after their first bid was rejected last week.
Wolves signed the Portugal international for a club-record £42m from Sporting Lisbon last summer.
City youngster Tommy Doyle will go to Wolves on an initial loan with a £4.3m (€5m) option and a significant sell-on clause.
The deals are separate but Doyle’s move has helped with negotiations.
Chelsea close to finalising deal for City’s Palmer
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As Chelsea move closer to finalising an agreement with Manchester City’s Cole Palmer, Paul Merson says that City doesn’t see them as a threat considering the potential transfer.
Chelsea are close to finalising an agreement with Manchester City for the permanent signing of forward Cole Palmer.
One source has told Sky Sports News Palmer is expected to have a medical tomorrow.
The deal is worth in the region of £40m. Should the deal go through it would take the spending at Chelsea under the Todd Boehly-Clearlake Capital ownership to £1.02bn.
Cole Palmer celebrates after breaking the deadlock in the Community Shield with a stunning strike
It will also take their spending this summer alone to £435m. In over five years and 11 transfer windows under Mauricio Pochettino, Spurs only spent £412m.
Pep Guardiola has said this summer that a loan move away from the club would not suit the player, therefore a permanent switch is more likely.
Palmer played in the Premier League opener against Burnley and was on the bench for the last two games.
The 21-year-old, who scored in the Community Shield against Arsenal and UEFA Super Cup against Sevilla, is pushing for more first-team opportunities.
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Who will be on the move in the final days of the transfer window before it closes at 11pm on Friday September 1 in England and midnight in Scotland?
Keep up to date with all the latest transfer news and rumours in our dedicated Transfer Centre blog on Sky Sports’ digital platforms. You can also catch up with the ins, outs and analysis on Sky Sports News.
