Wilfried Bony return to Swansea City is now agreed between the clubs at £12m though the player has still to agree personal terms.
Bony also has his offer from Hellas Verona. The Ivory Coast international was sent on loan to Stoke City last season but scored just twice in 10 appearances.
The 28-year-old, who scored 26 Premier League goals in 54 games during his first spell at the Liberty Stadium, will have a medical later on Thursday, which will free Fernando Llorente to leave.
Bony heads to South Wales to complete his move, but the deal for Llorente to join Tottenham will not officially be completed until City’s sale of Bony to Swansea is concluded.
Tottenham made an extraordinary attempt to gazump Chelsea and poach striker Llorente from under the noses of the Premier League champions.
Spurs registered their interest on Wednesday evening and then made a shock bid on the morning of Deadline Day leaving Chelsea manager Antonio Conte facing the possibility of missing out on yet another summer target.
Tottenham’s bid was accepted by Swansea and the offer is understood to be higher than Chelsea have previously been willing to go for the striker.
Llorente, however, still has a strong relationship with Antonio Conte. The Italian managed Llorente at Juventus and the 32-year-old is also close to new forward Alvaro Morata.
City’s Eliaquim Mangala has asked for time to consider a move to Crystal Palace following their £23m offer.
Palace have turned their attention to Mangala but are still hopeful of getting a deal for Liverpool centre-back Mamadou Sakho over the line and are not far off meeting an agreement in the region of £30m.
City have negotiated a fee for Jadon Sancho with Borussia Dortmund in excess of the £200,000 they would be due through FIFA rules.