Manchester United and Borussia Dortmund are close to agreeing a fee for Jadon Sancho, with the England forward having agreed personal terms on a five-year contract at Old Trafford.

Both clubs are understood to be confident a deal to make Sancho the most expensive English player in history is nearing completion, with United expected to pay an initial €100 million over three annual instalments and a further €20 million in performance-related add-ons. Dortmund would prefer to have the transfer completed by next week to help them bring in a replacement.

It is understood that Sancho, Ole Gunnar Solskjær's key target, will earn about £250,000 (€277,000) a week – a significant rise on the five-year contract he signed at Dortmund in August 2019. The 20-year-old left Manchester City at the age of 17 to move to the Bundesliga in 2017 in an effort to secure first-team football. He scored 17 league goals and provided 16 assists last season and is expected to compete with Marcus Rashford, Anthony Martial and the emerging star Mason Greenwood for a place in Solskjær's attack.

The impending departure of Alexis Sanchez to join Inter Milan on a permanent deal has freed up funds for United to move for Sancho. Inter are not expected to pay a fee for the former Arsenal forward but will commit to taking over his contract worth £390,000 (€433,000) a week for the final 12 months of his three-year deal. – Guardian