The Bundesliga champions,Bayern Munich has agreed to sign Leroy Sane from Manchester City for £54.8m in a five-year deal.
The Bundesliga, UEFA 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.
Hans-Dieter Flick side said, Leroy Sane will depart the Etihad having made 192 appearances for City and scoring 52 goals for the club in all competitions.
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.
Pep Guardiola wanted Sane to stay and, at one point, believed the winger was close to signing an extension.
He said: “We have enough good players up front. Gabriel (Jesus) can play on the left, Phil Foden can play on the left, we have Raheem (Sterling) there. We have big, talented players up front.
City head coach said, “Most of them are in good healthy conditions, like Phil, Riyad (Mahrez), Gabriel, Raheem, they can play quite regularly for a long period of time, they are so stable in terms of injury situations. I think we have other priorities maybe.
“And I don’t know, after the coronavirus, if the situation economically and financially for the clubs is changing. I don’t know what the situation is. We’re going to see at the end of this season.”
Although he cannot play for Bayern in the Champions League this season, it is understood he will not return to City and has played his final game for the club.
Sane’s speed and ability to stretch the pitch helped City to two Premier League titles, two League Cups and an FA Cup, while his own game improved hugely under Guardiola’s tutelage and saw him named the 2018 Young Player of the Year.