Manchester City have reached a deal with Ponferradina for Ruben Sobrino.

The 23-year-old Spanish striker will cost City €275,000 (£201,000) with another €200,000 (£146,000) to be paid at a later date depending on variables.

The Spanish club released a statement on their website, which read: “SD Ponferradina has reached an agreement for the transfer of federative rights of the player Ruben Sobrino to Manchester City. The player and split with the club, whom he joined in the summer of 2014 from Real Madrid.

“Under this agreement, the SD Ponferradina charged on the transfer of 275,000 euros net Sobrino. Furthermore, the amount could be seen in up to 200,000 euros increased more as variables."