Manchester City has agreed to sign Erling Haaland from Borussia Dortmund, bringing in one of the world's most exciting young players as a belated replacement for club great Sergio Aguero. (More Football News)

The 21-year-old Haaland will join City on July 1, the English Premier League champion said in a brief statement on Tuesday, subject to personal terms being finalized.?

No details were otherwise disclosed but the Norway striker is reported to have a release clause of 75 million euros ($79 million) in his Dortmund contract that City will activate this week.

Along with Kylian Mbappe, Haaland is leading the new generation of soccer superstars ready to take over from Lionel Messi and Cristiano Ronaldo.?

A tall, powerful and fast center forward, he has 85 goals in 88 games for Dortmund since joining from Austrian club Salzburg in January 2020 and has also been linked with a move to Real Madrid.

Haaland could be the headline signing that lifts City from being a regular winner of domestic trophies to the standout team in Europe. Pep Guardiola's team has failed to win the Champions League despite heavy spending by the club's Abu Dhabi ownership.

City has played without an out-and-out striker this season following the departure of Aguero, its record scorer, at the end of the 2020-21 campaign after 10 years. The team's lack of a natural goal-scorer has shown in some big matches this season, notably when getting eliminated by Real Madrid in the Champions League semifinals despite scoring five goals across two legs.

In a sense, Haaland is returning home. He was born in England — in Leeds, which is a short drive from Manchester in the north of the country — while his father, Alf-Inge, was playing for City in the Premier League. As a kid, Erling Haaland was pictured wearing a City jersey.

At a news conference held a few hours before City's announcement, Guardiola dropped hints that Haaland was on his way at Etihad Stadium but said he couldn't say what he really wanted to. His rivals did more talking on what could be the biggest transfer ahead of next season.

“This transfer will set new levels, let me say it like this,” Jurgen Klopp told British broadcaster Sky Sports.

The deal has survived the death last month of Haaland's agent, Mino Raiola, who was widely seen as one of global soccer's most influential powerbrokers. Raiola and Alfe-Inge Haaland had long talked about a big-money transfer for Erling Haaland to one of Europe's biggest clubs, though the coronavirus pandemic meant those teams have had less to spend.

City tried to sign Tottenham striker Harry Kane in the last offseason and, when that didn't come off, contemplated bidding for Cristiano Ronaldo before the Portugal forward sealed a return to Manchester United.

City, which is favorite to win the Premier League this season to make it six top-flight titles in the last 11 years, has ended up signing a player with the best years ahead of him and who is almost unstoppable at his best. His rivalry with Bayern Munich's record-breaking goal-scorer, Robert Lewandowski, has lit up the Bundesliga over the last three seasons.

In less than three years, the Norwegian has gone from being a promising but little-known youngster in the Austrian league to one of the best-known players in the world.

He burst onto the scene with a barely believable nine goals in a game for Norway at the 2019 Under-20 World Cup and scored a hat trick on his Champions League debut for Salzburg against Brugge the same year.

That form won him a transfer to Dortmund, where he has become known for his offbeat and sometimes prickly persona in interviews.

Jesse Marsch, the Leeds manager who used to coach Haaland at Salzburg, said City was getting someone “destined to be one of the best players in the world.”

“I wish he was coming back home here to Leeds — this is his birthplace — but I understand the decision for him to go to Man City,” Marsch said with a smile.

“It will be interesting. He is an explosive player in transition and Man City often plays a lot in possession, (but) he can play any style of play."