One of the longest-running transfer sagas of the year neared conclusion on Wednesday when the German club accepted an improved offer.
It will eclipse the £49m that City paid Liverpool for Raheem Sterling last month and take their summer spending to the £150m mark.
It is understood that the finer points of the deal have yet to be completed but De Bruyne has been withdrawn from Wolfsburg’s game at home to Schalke on Friday and is set to move to the Etihad on a six-year contract worth in excess of £200,000-a-week.
His agent Patrick De Koster said: ‘The deal has not happened yet. Maybe it will be done tomorrow.
