Antoine Semenyo is set to join Manchester City after they struck a £62.5m deal with Bournemouth, rather than activating his release clause.
The release clause was thought to be worth £65m, but City will pay slightly less over the next two years, while Bournemouth could make a further £1.5m in performance-related add-ons and will earn 10 percent of the profit if and when the former Premier League champions sell him.