Bayern Munich have agreed a deal to sign winger Leroy Sane from Manchester City, according to various media reports in Germany and England on Tuesday.
The 24-year-old was reportedly close to signing for Bayern last year before suffering a knee injury.
Sky Sports and the BBC say the two clubs have agreed a fee of £54.8 million (59.97 million euros, $67.36 million), with German daily Bild reporting a fee of "at least 50 million euros".
Bild said Sane will sign a five-year contract at the German champions, with the transfer fee far lower than the 100 million euros mentioned last year.
Sane's contract at Manchester City is due to run out in June, 2021.
Sports magazine Kicker said a deal is "near".
The Germany international made his first Premier League appearance of the season as a substitute against Burnley last week.
But City manager Pep Guardiola admitted earlier this month that Sane was likely to leave after rejecting a new contract offer.
"Leroy said he does not want to extend the contract next season so it means he wants to leave and it is going to happen this summer or at the end of the contract," he said.
"I think everybody knows if at the end of this season there is an agreement of both clubs, he is going to leave."
Sane has scored 39 goals in 135 matches in all competitions for City since joining from Bundesliga club Schalke in 2016.