“Manchester City can confirm we have reached an agreement in principle with Borussia Dortmund for the transfer of striker Erling Haaland to the Club on 1st July 2022.
The transfer remains subject to the Club finalising terms with the player”.
The Blues could be considered to be getting quite the bargain in Haaland, with £51m a relatively small fee to be shelling out in an era where nine-figure price tags are becoming all the rage.
That is, however, the clause that was inserted into his contract when making a switch to Dortmund in the winter of 2020, and there are undisclosed bonuses and agent fees included in the deal.
Haaland is set to make around £400,000 per week, in line with the club’s highest earner Kevin De Bruyne, and will be contracted to the Etihad outfit until 2027.
A statement from Dortmund reads: “Erling Haaland is about to transfer from Borussia Dortmund to Manchester City. All parties have agreed on the basics of this today. The contractual details still have to be coordinated and documented.
“The implementation of the transfer is also subject to proper and timely processing in accordance with the provisions of the FIFA Transfer Matching System (FIFA TMS).
“With the realisation of this transfer business, the management expects a positive effect on the key earnings figures (EBITDA, EBIT) for the 2022/2023 financial year in the order of around EUR 35.0 million – 40.0 million.
“Due to the opening of the international FIFA transfer window from July 1st, 2022 and, among other things, other regulatory association requirements, the transfer business will not fall into the current 2021/2022 financial year, but into the 2022/2023 financial year.”
The Citizens will be hoping to see Haaland hit the ground running when taking on a new challenge in 2022-23, with it hoped that he will shake off the niggling injury issues which have held him back at times this season.
