Raphael Varane is ready to leave Real Madrid after 10 years.

Manchester United reached an agreement to sign the 28-year-old from Los Blancos, the Premier league side announced Tuesday.

Varane will sign a four-year contract and the Red Devils will pay £34 million plus a potential £8 million in add-ons, BBC Sport’s Simon Stone reports.

Varane became one of the game’s preeminent center-backs in the Spanish capital, winning 18 trophies – including four Champions League titles and three La Liga crowns – over 360 appearances with Madrid.

Acquired as a relative unknown from RC Lens in 2011, the Frenchman supplanted Pepe in the starting lineup in 2014-15, eventually forming a cohesive partnership with Sergio Ramos.

Madrid allowed Varane to leave with one year remaining on his contract.

The World Cup winner – known for his pace, aerial ability, and sense of calmness – is expected to anchor United’s backline alongside Harry Maguire. Victor Lindelof, Maguire’s partner for the last two seasons, and Eric Bailly will lose significant minutes as a result.

It’s not immediately clear if Madrid manager Carlo Ancelotti will request a replacement for Varane. Though the club signed center-back David Alaba on a free transfer from Bayern Munich earlier in the transfer window, Ancelotti’s only other senior options are Eder Militao, Nacho Fernandez, and Jesus Vallejo.

Los Blancos could use the windfall to cover losses from the COVID-19 pandemic. Recent accounts show the club surrendered €300 million in revenue since March 2020.

Varane will be United’s third signing of the summer after goalkeeper Tom Heaton and winger Jadon Sancho, bringing the club’s total spending to around £108 million.

Manchester United are in the final stages of completing a deal to sign Raphael Varane from Real Madrid, according to Rob Dawson of ESPN.

Varane has agreed to a four-year contract which includes an option for a fifth, reports David Ornstein of The Athletic.

Real Madrid are expected to receive £35 million, plus add-ons, but will be forced to provide a solidarity payment to Varane’s training clubs, Ornstein adds. As a result, United will pay £34 million, plus add-ons, to Madrid over a number of years rather than in one installment.

Completion of the deal is contingent on Varane passing a medical.

Varane, who’s in the final year of his contract, reportedly notified Real Madrid last week of his desire to pursue another opportunity after 10 years in the Spanish capital.

Madrid were holding out for €50 million, but United were confident that they could snag the 2018 World Cup winner for a reduced fee, Dawson reports.

If Real Madrid had failed complete a deal this summer, the club risked losing the center-back for free next year when his contract expires.

The 28-year-old has won four Champions League titles and a trio of La Liga trophies with Real Madrid since his arrival in 2011.

Manchester United are preparing a bid to sign center-back Raphael Varane from Real Madrid, according to The Guardian’s Fabrizio Romano and Marcus Christenson.

It’s understood the Premier League side will offer Varane a five-year contract.

The 2018 World Cup winner is willing to accept the deal after notifying Real Madrid on Monday that he wants to leave after 10 years in the Spanish capital, Romano adds.

United held talks with Varane’s representatives earlier this summer, as the French international was reluctant to sign an extension at Real Madrid before exploring other options, according to Rob Dawson of ESPN.

Real Madrid are holding out for €50 million, but United may attempt to persuade them to accept a lower fee given the Red Devils’ financial restraints following the €84.5 million paid for Jadon Sancho, Dawson adds.

Varane has evolved into one of the world’s top defenders since joining Real Madrid from Lens in 2011 and has won just about every major trophy – including four Champions League titles – at the club level.

Italian ‘keeper Gianluigi Donnarumma penned a five-year deal with Paris Saint-Germain on Wednesday, completing a free transfer from AC Milan.

The 22-year-old will reportedly pocket €12 million a season after tax in the French capital, twice what he made at Milan, according to The Athletic’s James Horncastle.

The 30-time capped international was also reportedly linked with Juventus and Barcelona.

Donnarumma won Euro 2020 with the Italian national team on Sunday, saving two penalties in the final to deliver a 3-2 shootout win over England. He was also named the tournament’s best player.

PSG boss Mauricio Pochettino is now blessed with a wealth of options between the posts after last season’s first-choice shot-stopper, Keylor Navas, extended his terms through 2024. The Ligue 1 giants also have Sergio Rico and Alphonse Areola on their books.

Donnarumma is replaced at the San Siro by France international Mike Maignan, who moved to Italy from Lille for a reported €15-million fee at the end of May. Maignan guided Lille to a shock Ligue 1 title last term, ending PSG’s run of seven successive league conquests.

Donnarumma featured over 200 times for the Rossoneri and backstopped them to second place in Serie A last season.

PSG also completed the signings of former Real Madrid icon Sergio Ramos and Inter Milan full-back Achraf Hakimi earlier in the offseason.