Pep Guardiola’s Premier League-chasing Manchester City are expected to splash the cash and conclude a £50m deal for Tottenham and England full-back Kyle Walker on Friday.
The 27-year-old, who joined Tottenham from Sheffield United in 2009, is set to undergo a medical and complete his move, which with add-ons could see the transfer fee pushed towards the £50m mark.
City are in need of reinforcements in the full-back position after Guardiola released three at the end of last season, including right-sided options Pablo Zabaleta, who has joined West Ham, and Bacary Sagna.
Former Barcelona defender Dani Alves appeared set to join City after the final year of his contract was cancelled by Juventus, only for Paris Saint-Germain to win the race for the Brazilian’s signature earlier this week.
Walker will not join up with Tottenham for the start of pre-season training today. Instead he is set to travel with City on Monday as they begin their tour of the United States.
City’s spending is not expected to stop there with a deal for Monaco left-back Benjamin Mendy believed to be nearing a conclusion. The north-west outfit are thought to be offering closer to £40m than Monaco’s preferred £50m.
The Premier League is proving a popular destination for the talent of Monaco and reigning champions Chelsea are closing in on the £40m capture of their 22-year-old midfielder Tiemoue Bakayoko.
Bakayoko, who is recovering from minor knee surgery, was a key component of the Monaco side which last season won the French top-flight for the first time in 17 years and reached the Champions League semi-finals.
The signing of Bakayoko could hasten the departure of fellow defensive midfielder Nemanja Matic, who is believed to be a transfer target for Manchester United, from Stamford Bridge.
Big-spending Everton have become the latest club to have a £40m bid for Gylfi Sigurdsson rejected by Swansea. Leicester have also been thwarted, with Swansea valuing the Iceland international at £50m.