Manchester City and Barcelona have reached an agreement to sell Ferran Torres. Barca is said to have agreed to pay 55 million euros (£46.7 million) for the 21-year-old forward, with an additional 10 million euros (£8.5 million) in add-ons.
Despite their current financial difficulties, the Spanish club is able to fund the transfer thanks to a recent bank loan. They won’t be able to add Torres to their team until they sell certain players to comply with La Liga’s financial fair play rules.
Torres, a Spain international who joined City from Valencia in August 2020 and has made 43 appearances and scored 16 goals, has also agreed to the deal.
He started City’s first six games of the season, but was benched for the goalless draw with Southampton in September, and has not played since suffering a foot injury while on international duty with Spain the following month.
With Bernardo Silva, Jack Grealish, Riyad Mahrez, Raheem Sterling, Gabriel Jesus, and Phil Foden offering competition for a starting spot at Etihad Stadium, the player told manager Pep Guardiola that he wanted to leave in order to obtain more regular first-team playing.
Source: BBC Sport