Borussia Monchengladbach have confirmed the signing of New York City FC and U.S. under-17 men's national team defender Joe Scally.
The 16-year-old will make the move to the Bundesliga in January 2021, by which time he will have turned 18.
According to NYCFC, who finished top of Major League Soccer's Eastern Conference this season, the initial transfer fee will be the highest paid for a 16-year-old in the history of the league. The seven-figure fee could eventually “become one of the highest transfer fees received for an MLS player being transferred to a European club” once bonuses and add-ons are taken into account.