Southampton have plenty of cash at their disposal following the sales of many of their star players over the past two seasons.
Hojbjerg has played at the very highest level and will be a fantastic signing for Southampton, should a move materialise
German news outlet Kicker are reporting that Southampton have agreed a fee in the region of £12.9 million (€15 million) for Bayern Munich's holding midfielder Pierre-Emile Højbjerg.
There is no mention of personal terms in the report but Kicker do claim that a move is highly likely to go through.
The player's agent Soren Lerby even confirmed the move to Danish newspaper Ekstra Bladet, saying: “Yes, I can confirm that Pierre switches to Southampton.”
Saints boss Claude Puel has identified Hojbjerg as a replacement for Victor Wanyama
New Saints boss Claude Puel has obviously made it his priority to replace holding midfielder Victor Wanyama with proven quality, and despite Hojbjerg's tender years, he will certainly bring a certain level of class to St Mary's.
Hjobjerg has a fantastic range of passing and is comfortable in possession
The Danish international already has 15 caps for his country to his name, two Bundesliga titles, two German Cups and a Champions League winners' medal.
He spent last season on loan at Schalke and made 23 Bundesliga appearances as he continued his development by gaining valuable first-team experience.
The 20-year-old Bayern player is a well-disciplined holding midfielder, and would be perfect for the Saints in the deep-lying play-maker role. He has an exquisite range of passing and has the ability to dictate the tempo of a game.
If a move comes to fruition, he will be an absolutely superb signing for Southampton.
If a move to Southampton comes to frutiion, will Hjobjerg be an adequate replacement for the departed Victor Wanyama?