Manchester City set to sign Monaco's Benjamin Mendy after fee finally agreed as summer spending soars past £200m

Manchester City are set to sign Monaco's Benjamin Mendy after the two clubs finally agreed a fee believed to be in the region of £52m.

The French champions rejected City’s £44.5m bid last week and held out for the same as what City paid Tottenham for Kyle Walker. Last week City finally signed Walker, after months of negotiations, for a fee of £50m that could rise to £53m including add-ons.

Monaco have proven to be tough negotiators so far during the transfer window, getting a £40m fee from Chelsea for Tiemoue Bakayoko and an initial £43m from City for Bernardo Silva.

Fabinho has not been sold yet despite interest from City, Manchester United and Paris Saint Germain while wonderkid Kylian Mbappe looks set to stay in the principality for at least one more year.

Pep Guardiola has long identified Mendy as the man he wants to be his left-back this season and he will be City’s fourth signing after Silva, Walker and goalkeeper Ederson.

Mendy is likely to soon be joined by fellow full-back, Danilo of Real Madrid as City's summer spending soars beyond £200m.