In what could be a major coup for Manchester City, the Premier League champions are nearing the completion of a €40 million transfer deal to secure the services of Chelsea midfielder Mateo Kovacic, according to ESPN sources.
Talks between the two clubs have reached an advanced stage and a general consensus on the transfer fee has been reached. As a result, both parties have now turned their attention to ironing out the finer details of the payment structure.
With Chelsea facing the need to generate funds from player sales after a significant expenditure of around £600 million during the tenure of owner Todd Boehly, the pressure is on for them to strike deals before the end of June. By doing so, they aim to offset potential losses and ensure compliance with UEFA’s Financial Fair Play regulations.
Personal terms between Kovacic and Manchester City have already been agreed upon, further indicating that the transfer is close to being finalized. The confirmation of this deal would undoubtedly strengthen an already formidable squad, as the treble-winning side looks to maintain their dominance in English football.
