Manchester City are close to signing Portugal U19 forward Felix Correia from Sporting Lisbon, Sky Sports News understands.
Correia is on his way to Manchester to sign a five-year contract at the Etihad Stadium.
Sky Sports News has been told the fee is based on a series of instalments and could eventually rise to £3.14m (€3.5m).
The 18-year-old is regarded by City as a player with potential and it is likely he may be sent out on loan for next season.
Correia is set to become Pep Guardiola’s side’s first summer signing of 2019.
Manchester City also want to sign Juventus right-back Joao Cancelo but are insisting on Danilo as a part exchange, according to Sky Italy.