The fee for the 21-year-old does not include any add-ons, therefore Manchester United’s £80 million fee for Harry Maguire from Leicester City in 2019 remains the British record for a defender.

In the 87 games he has appeared for Leipzig since joining from Dynamo Zagreb in 2021, he has been a crucial player.

Gvardiol is anticipated to fly to England for a physical later this week.

Last week, Leipzig claimed that they would not sell for less than €100 million (£86 million).

Manager Pep Guardiola believes Gvardiol will bolster the left side of his central defense, and with Ruben Dias, Manuel Akanji, and Nathan Ake also capable of filling that position, his signing may cast doubt on Aymeric Laporte’s future at Etihad Stadium.

Gvardiol, who can also play left back, becomes City’s second major acquisition of the summer, following the £25 million arrival of fellow Croatian Mateo Kovacic from Chelsea in June.

Kovacic will effectively replace Ilkay Gundogan in City’s midfield after the club’s captain left on a free transfer to join Barcelona, while winger Riyad Mahrez joined Saudi Arabia’s Al-Ahli last week in a £30 million deal.

Gvardiol, who has two goals in 21 Croatian games, helped his team finish third at the 2022 World Cup and runners-up to Spain in this year’s Nations League.

Before joining the Bundesliga, he won back-to-back titles with Zagreb, finishing with a league and cup double.

Leipzig also qualified for the Champions League twice during Gvardiol’s stint in Germany, finishing fourth and third in the Bundesliga.