The agreement to sign Erling Haaland has been confirmed by Manchester City.

When agent fees, signing bonus and other costs are taken into account, City expect to pay 85.5 million dollars for the 21-year-old.

Subject to the club finalising terms with the player, Haaland will join City on July 1st.

Sky Sports News reported that the 21-year-old completed his medical on Monday.

The two clubs have moved quickly to conclude a deal after Manchester City CEO Ferran Soriano informed Hans-Joachim Watzke that they were ready to invoke the strikers release clause.

Haaland has scored 85 goals in 88 matches since joining from RB Salzburg. The last game of the season is Saturday at home against Hertha Berlin.

At his press conference on Tuesday, the coach said that everyone knows about the situation.

I am not allowed to say anything until the deal is done. I am sorry, I can't talk. We will have time to talk.

Harry Kane vs Erling Haaland - how they compare
Image: Harry Kane vs Erling Haaland: how do the strikers compare?

Image: Erling Haaland ranks only behind Robert Lewandowski and Luis Muriel for goals scored per 90 minutes

The deal for Haaland to be replaced by Adeyemi is worth 30 million dollars.

The 20-year-old has scored 23 goals in 42 games this season.

Adeyemi arrived at the airport at 11am on Tuesday. He is going to sign the contract after undergoing a medical.

Klopp: Haaland deal will "set new levels"

The summer window officially opens on June 10, and the Haaland deal will set new levels in the transfer market, according to the manager of the Reds.

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Liverpool manager Jurgen Klopp believes Erling Haaland's move to Manchester City will take transfer market to new levels

In an exclusive interview with Sky Sports News, he said that he signed a new contract knowing that City would not stop developing. It is not about City to define if we can be happy or not, it is about us and what we can make of it.

You have so many different ways to win a football game, and we have to find just one. It is possible and we can do that.

We face City two, three, with cup competition, the European League, five, six times a year, but not more often than all the others.

Image: Erling Haaland ranks only behind Robert Lewandowski and Luis Muriel for goals scored per 90 minutes

It will not weaken them if Erling Haaland goes there. Enough has been said about this transfer. I know there is a lot of talk about money, but this transfer will set new levels, let me say it like this.