Ivan Ilic is edging ever closer to joining Hellas Verona and could complete the move this week after the Serie A side agreed a fee with Manchester City, per TuttoMercatoWEB.

Negotiations between the clubs have reached a near-final agreement for the Serbian to move in a permanent deal. Ilic’s representatives are now working to agree personal terms, that will see him return to the Stadio Marcantonio Bentegodi.

Ilic spent last term on loan from Manchester City at Hellas Verona and was a regular part of Ivan Juric’s plans. The 20-year-old started 19 of his 29 league appearances and was never omitted from a matchday squad. He also hit two goals, plus one in the cup competitions.

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Hellas have agreed a deal in principle to pay Manchester City around €8m (£7m) to now purchase Ilic. A total agreement could even be settled on by the end of this week, with personal terms the final hurdle. Ilic earns £5.1k-a-week on his City deal expiring in 2022.

Hellas also faced competition from their former manager, Juric, to re-sign Ilic. TuttoMercatoWEB recently noted the Croatian wanted the midfielder to join him at Torino. And Ilic was torn between joining the two clubs after Il Toro spoke to his agent.

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But Hellas have, seemingly, won the race and at a considerably reduced price to what they may previously have paid. Hellas1903 reported in February that Verona held a €12m (£10m) option to buy Ilic in their loan agreement with Manchester City.

Manchester City slash Ilic value by 33% in a year to sell to Hellas Verona

With TuttoMercatoWEB now reporting Manchester City have agreed a £7m fee with Hellas Verona, the Citizens have slashed a third off Ilic’s price in a year to avoid a free exit in 2022.

The Etihad Stadium side were already willing to accept less to part with the midfielder this summer. TMW also noted amid Torino’s interest that City would accept €10m (£8.5m) as they raise funds for Pep Guardiola. But the price was too high for Juric’s new side to pay.

So, Juric could now face Ilic next season if he completes a permanent move from Manchester City to Hellas Verona. Closing a disappointing chapter at the Etihad Stadium for the Red Star Belgrade product, as he never made a first-team appearance in Sky Blue.

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