Cape Town - Manchester United have confirmed the signing of Memphis Depay from PSV, subject to a medical.
The Old Trafford club confirmed on Thursday that the Red Devils had reached an agreement with PSV Eindhoven and the player himself for the transfer.
The transfer fee is reported to be worth around £25 million.
The deal is subject to a medical with the deal set to go through when the transfer market re-opens in June.
The 21-year-old PSV attacker is the top goalscorer in the Eredivisie this season with 21 goals in 28 games.
The Dutch club have confirmed the transfer on their website, saying: "PSV has reached an agreement with Manchester United for the transfer of Memphis,".
"We are very proud of this upcoming transfer," PSV technical manager Marcel Brands told the PSV website.
"Memphis has gone through all the teams of the PSV youth academy and has played an important part in the national title this year.
"He's a wonderful exponent of our training and will make a nice transition to a magnificent club in a beautiful competition."