Manchester City midfielder Matt Smith is set to join MK Dons in a permanent deal.
Smith's departure appears to be the first order of business on a transfer deadline day that is expected to see Julian Alvarez officially confirmed as a City player as well as other youngsters leaving the Etihad on loan.
The Blues could earn up to £500k for the Welshman depending on successful he is in Milton Keynes, though the initial fee is thought to be nominal.
A sell-on clause, described by one City source as "hefty", has also been included in the deal.
Smith has been at City for nearly 10 years after he joined the club's youth ranks from West Brom in 2013.
In the years since the 22-year-old rose through the academy and went out on loan on five occasions to FC Twente, QPR, Charlton Athletic, Doncaster Rovers and finally Hull City this past summer.
Smith played in the first nine games of the Championship season, in which the Tigers won just once — and in that game he only came on for the final 10 minutes — before then losing his spot in the side.
As a result, his loan has been cut short and he will instead move down a division to join MK Dons in League One, bringing his time at City to a close without a single appearance for the senior side.
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