The transfer window will open in earnest on Tuesday as both Manchester United, led by manager Louis van Gaal, and Bayern Bayern Munich close in on a deal for Barcelona’s Xavi Hernandez.
The Spanish champions are set to receive a compensation package worth up to £37.5 million for Hernandez, according to reports.
Bayern, however, have rejected any offer from United, and have been working on a compromise which would see the 28-year-old centre-back paid just £13 million.
United have been linked with a move for the player since the start of the season but are waiting for a breakthrough in negotiations, with Hernandez still to agree personal terms before they can announce a transfer.
It is understood that a deal has been agreed but that the Premier League champions are still working on it and are looking to negotiate a deal before Tuesday’s deadline.
The deal will allow United to sign Hernandez on a free transfer and leave Bayern Munich without losing their top-four position.
Hernandez, who has been with the Spanish champions since the age of 16, has been on loan at Camp Nou this season but is currently out of favour with manager Van Gaal.
Bayonad has emerged as a key player at the Camp Nou, scoring seven goals in 19 games for the Catalan club this season.
Bayona, who is currently on international duty with Spain, was one of several players United announced this week as being close to signing a deal.
United are expected to announce the deal with a statement in the next 48 hours.
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