The deal with Manchester City was worth more than 30 million dollars.
Personal terms are not expected to be a problem as the club is set to pay up front and add-ons.
The Ukranian international will leave Man City's pre-season training camp in order to join his new club in the USA where he will go through the formality of a medical.
He joined the club as a teenager from Russia and has been there for six years.
The 25-year-old, who was coached by Mikel Arteta during the manager's spell as assistant to Man City boss, can cover a wide range of positions.
Arteta values hisVersatility as a player and is excited about the prospect of working with the same person for the second time.
The left-sided defender who is set to join Manchester United in a £57m deal was the subject of a bid by the north London club.
Gabriel Jesus moved to north London from Manchester City in a £45m deal earlier this month, and is expected to team up with former City team-mates in the future.
Following the arrivals of Jesus, Marquinhos, Matt Turner and Fabio Vieira, the club has now signed five new players.
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Sky Sports News reported back in June that Man City wanted to sign a left-back and were interested in Cucurella.
He joined from Getafe in a deal worth around 15 million dollars and went on to have a great first season in the top flight.
Cucurella has four years left on his contract at the Amex and it would take a lot of money to let him go.
There is still a gap in valuation between the two sides in the talks over the sale of Leno.
He has entered the final year of his contract and they are willing to allow him to leave.
Valencia want to sign Lucas Torreira.
Torreira has spent the last two seasons on loan, at Atlante Madrid in 2020-21 and at Fiorentina last season, as he enters the last year of his contract.
The clubs in the Championship are interested in signing the Nigerian.
On the club's pre-season tour, manager Mikel Arteta will make a decision on whether or not to loan the player to another club.
Sky sports journalist Sam Blitz is a football writer.
In the summer transfer window, Mikel Arteta is looking at additions to his squad. Lisandro Martinez, who has experience in playing in both positions as well as center half, is now destined for Manchester United, despite the fact that the Gunners wanted him. The interest in Youri Tielemans has waned recently.
There is a reason why the manager needs help. In the last two seasons, left-back Kieran Tierney has picked up long-term injuries at crucial times and while Nuno Tavares was signed as cover last summer, the young Portuguese full-back struggled in the big moments.
There is little competition for Xhaka's role in Arteta's team. Thomas Partey, Mohamed Elneny, and Albert Sambi Lokonga are all competing for the same position in the middle of the park, leaving Xhaka to a number 8 role.
A closer look at their heatmaps last season shows that the two play in the same area, even though the Ukrainian played at left-back.
Given that City keep the ball and use it better, it's not surprising that Xhaka's passing statistics are better than the others. The defensive stat of the Ukrainian international is better than that of the Swiss international. It's a reminder that the two players operate in the same area of the pitch.
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Gabriel Jesus scored 90 seconds into his first appearance for the club as his double helped them to a win over FC Nurnberg.
The Brazil forward came on at half-time in Germany and immediately made an impact, scoring high in the net.
Mohammed Elneny hit a wonder-strike to equalise for Mikel Arteta's side, before two Nurnburg own goals gave the Gunners a 4-2 advantage.