Henrikh Mkhitaryan to Manchester United: Midfielder to receive eye-watering signing-on bonus

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Manchester United transfer target Henrikh Mkhitaryan will reportedly receive a signing-on bonus of €8m (£6.7m, $8.8m) and wages of €12.5m per annum when he joins the Old Trafford club. The 27-year-old Armenian is poised to make the switch to the Premier League after United agreed a transfer fee with his current club Borussia Dortmund over the weekend, thought to be worth around £26m.

United are expected to announce the deal shortly, meaning the playmaker will become their third signing of the Jose Mourinho era, following the deals of Eric Bailly and Zlatan Ibrahimovic. Mkhitaryan only has a year to run on his contract with the Bundesliga club and they have opted to cash in on one of their prize assets rather than risk losing him on a free in 12 months' time.

Mkhitaryan's move to United could cost the Old Trafford club in excess of €100m over the course of his contract, according to German newspaper Bild. However, the publication does not state whether Mkhitaryan's salary is before or after tax.

Meanwhile, Dortmund recently admitted the offer they received from United was simply too good to reject. "Borussia Dortmund and midfielder Henrikh Mkhitaryan (27) will part ways this summer," the club confirmed about the United-bound midfielder.

"After intensive discussions, BVB have agreed to honour the Armenian national team player's wish to depart for Manchester United, who finished fifth in last year's Premier League table. Borussia Dortmund wishes Henrikh Mkhitaryan every success for the coming season, in both the Premier League as well as in the Uefa Europa League."