FC Barcelona have reportedly agreed a £55 million (R1.1 billion) deal with Manchester City to sign one of the Premier League club's attackers after taking out a huge loan with the bank.

Report: Man Utd Star Agrees To Join Barca

With the Catalan giants having been vocal in their interest in Ferran Torres in the past few weeks, various reports in Spain and England now suggest that the Spanish club have agreed a deal with City for the player.

According to Sky Sports News, Barcelona will pay £46.7 million (R980 million) plus another £8.5 million (R178 million) in add-ons to secure the Spain international's services next month.

While Barcelona's financial troubles have been well-documented, journalist Guillem Balague has claimed that the LaLiga club can afford the deal after securing a bank loan.

Spanish news outlet Marca has reported that both sides have set this coming Saturday as a deadline for the transfer to be completed.

It is further claimed that, due to LaLiga's financial fair play rules, the Catalans will only be able to add Torres to their squad once they have sold some players.

Torres looks set to become Barcelona's second January signing after the arrival of Dani Alves on a free transfer.

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