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talks underway Manchester United's first bid for Jadon Sancho is rejected but a deal is close

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England's Jadon Sancho carries a weight bag during an open training session at St. George's Park, Burton-upon-Trent. (AP Photo/Dave Thompson)

England's Jadon Sancho carries a weight bag during an open training session at St. George's Park, Burton-upon-Trent. (AP Photo/Dave Thompson)

England's Jadon Sancho carries a weight bag during an open training session at St. George's Park, Burton-upon-Trent. (AP Photo/Dave Thompson)

Manchester United's initial bid for Jadon Sancho has been rejected by Borussia Dortmund, but there is a growing expectation that the deal can be finalised with both sides eager to get it done.

Word emerged from Germany on Thursday morning that United have made an offer for the England attacking star, with Dortmund refusing to accept the opening offer as talks between the two clubs continue.

United are believed to have offered around €78million for Sancho, with Dortmund looking for a fee closer to €95million, but there appears to be willingness to negotiate a deal to ensure the transfer goes through.

The clubs are also negotiating terms on how long United will have to pay the fee, with the Old Trafford club keen to break it down over the course of Sancho's five-year contract, but Dortmund wanting the fee paid by 2025.

With personal terms and agent fees not believed to be an issue, the two clubs will now try to find a fee that will allow a transfer that was aborted last year to finally reach a conclusion.

United's push to sign Sancho a year ago ended when Dortmund would not move on their €120million valuation of the player, but the club have been open in their willingness to sell the 21-year-old this summer, as they look to fill a financial hole created by the Covid-19 pandemic.

"Borussia Dortmund's financial performance this 2020/2021 financial year has been severely impacted by the COVID-19 pandemic and the restrictions on public life imposed in its wake," read a club release on their financial position last month.

"The original assumptions - such as at least a partial return to fan attendance at the stadium during matches - have failed to materialise, particularly as the result of the third lockdown that has been in place since autumn 2020.

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Jadon Sancho of Borussia Dortmund. (Photo by Alexandre Simoes/Borussia Dortmund via Getty Images)

Jadon Sancho of Borussia Dortmund. (Photo by Alexandre Simoes/Borussia Dortmund via Getty Images)

Jadon Sancho of Borussia Dortmund. (Photo by Alexandre Simoes/Borussia Dortmund via Getty Images)

"Borussia Dortmund has nevertheless managed to limit somewhat the negative impact on earnings thanks in particular to its success in the UEFA Champions League and the DFB Cup."

Dortmund's valuation of Sancho is believed to include add-ons linked to Sancho's appearances and achievements at United, so it appears the financial gap between the two clubs is now close.

It now looks likely that a deal to allow Sancho to seal a return to Manchester, four years after he left United's local rivals City to move to Dortmund.

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City will be entitled to a 15 per-cent sell-on fee from Sancho's move to United and that could amount to a figure of around £15million, but their cut may be reduced if the up-front payment is lower.

With the clubs now actively negotiating to reach an agreement, Sancho looks set to realise his ambition of joining Manchester United.

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