Borussia Dortmund have confirmed that winger Jadon Sancho is set to join Manchester United this summer.
United have been chasing Sancho for over a year, but after missing out on his signature last summer in a lengthy transfer debacle, have finally struck a deal worth £72.9m to bring the 21-year-old to Old Trafford.
A deal was agreed on Wednesday, sending the internet into overdrive, and Dortmund have now released a financial report (via DGAP) confirming they expect to bring in that sum of money by selling Sancho to United.
“The player Jadon Sancho is about to move from Borussia Dortmund to Manchester United,” the statement read. “Both clubs and the player have reached an agreement.
“If the transfer is realised, Manchester United will pay BVB a fixed transfer fee of £72.9m.
“The contractual details must now be co-ordinated and documented. The formal processing of the transfer is also subject to the successful completion of all necessary medical tests and examinations, a co-ordination procedure with the player’s previous club and the proper and timely processing in accordance with the provisions of the FIFA Transfer Matching System.
“With the implementation of this transfer business, the management expects a positive effect on the key earnings figures for the 2021/22 financial year in the amount of around £48m.”
United and Dortmund have agreed on a payment plan which will see the English side hand over around £14.6m every year for the next five years.
Should all go according to plan, Sancho is set to sign a five-year contract with United, who will also have the option to extend that by a further year.
Dortmund have been looking at potential replacements for Sancho and have been tipped to move for a handful of players, including Chelsea’s Callum Hudson-Odoi, Lille’s Jonathan Bamba and, most recently, PSV Eindhoven’s Noni Madueke.