Manchester City are closing in on a deal to sign Valencia winger Ferran Torres.

Goal  and SPOX  have learned that the 20-year-old, who is in the final 12 months of his contract at Mestalla, has agreed personal terms on a five-year deal at the Etihad Stadium.

City and Valencia have not yet reached an agreement on a fee, but Torres is expected to initially cost somewhere between £27 million ($35m) and £36m ($47m), with the potential for add-ons.

The Spanish club need to raise money after failing to qualify for Europe next season, with  Torres having turned down a number of offers to extend his current contract .

City boss Pep Guardiola is understood to have played a key part in convincing him to choose the Premier League side amid interest from a host of European clubs, including Manchester United and Juventus.

Borussia Dortmund’s England international Jadon Sancho remains a top target for United, with Torres seen as an alternative option at Old Trafford, while Juve could not persuade the Spain Under-21 international to move to Serie A.

Torres is keen to work with Guardiola and was convinced to move to City when the Court of Arbitration for Sport (CAS) lifted the two-year ban from the Champions League imposed on the club by UEFA.  Continue reading

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