Manchester United have reached an agreement over personal terms with Porto left-back Alex Telles ahead of a potential move this summer.
Ole Gunnar Solskjaer is keen to find a new left-back to compete with Luke Shaw for minutes and had settled on Sergio Reguilón from Real Madrid. However, United refused to agree to Real's demand of a buy-back clause and instead allowed the Spaniard to join Tottenham Hotspur.
That prompted an influx of reports from Portugal suggesting that Telles' agent, Pini Zahavi, was expecting United to launch a bid for his client in the near future, and according to Mohamed Bouhafsi, that could well be coming as United have agreed personal terms with the Brazilian.
Telles has verbally agreed to a five-year contract ahead of a proposed move to Old Trafford, so all that is left now is for United to agree a fee with Porto.
Previous reports have suggested that Porto are looking for around £18m to part ways with Telles, who has just one year left on his contract and has made it clear he does not intend to sign an extension.
They have previously demanded close to £45m, but after seeing interest in Telles fade as the summer progressed, Porto are said to have accepted the need to lower their asking price to ensure that the 27-year-old is sold before he can walk away for free next summer.
Paris Saint-Germain are still believed to be contemplating whether or not to launch a bid. The Parisians were one of the leading suitors earlier in the summer and could well choose to force their way into negotiations after losing Juan Bernat to a serious knee injury.
Telles is seen as one of Europe's finest attack-minded left-backs. He ended last season with a whopping return of 13 goals and 12 assists in all competitions, and he has reached double figures in assists in each of his four years in Portugal.
That has clearly endeared him to Solskjaer and the rest of United's hierarchy, who will feel confident of reaching an agreement over a transfer fee.