Manchester City will earn around £10 million following Jadon Sancho’s move from Borussia Dortmund to their rivals Manchester United.
United and Dortmund have agreed a transfer fee of just under £73m.
Sancho is now set to undergo a medical before the deal is completed.
City initially received £8m when he left their Academy to move to Germany in 2017, but also negotiated a 15% share of any future transfer.
The Premier League champions paid Sancho’s boyhood club Watford a fee of around £66,000 when he joined the club as a 14-year-old.
He was part of the same youth team as Phil Foden and the pair seemed destined to break into the first team.
But Sancho turned down the offer of a new contract and was dropped for a preseason tour to the United States, before completing a move to Dortmund that saw Watford receive a further £800,000.