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Ferran Torres: Man City agree to sell forward to Barcelona

Manchester City have agreed a deal to sell Ferran Torres to Barcelona.

It is understood Barca have agreed to pay 55m euros (£46.7m) with a further 10m euros (£8.5m) in add-ons for the 21-year-old forward.

The Spanish club are able to fund the deal despite their current financial troubles thanks to a recent bank loan.

However, they will not be able add Torres to their squad unless they sell some players in order to comply with La Liga financial fair play regulations.

Torres has also yet to agree to the transfer, but that is not expected to be an issue.