English Premier League side, Newcastle United, is set to complete the signing of 18-year-old midfielder, Dele Alli, this week for a fee of £4 million (N1.2 billion), rising to £5 million with add-ons.
Alli, though, will be loaned back to the League One club for the remainder of the season.
The highly-rated England Under 19 international, who was attracting interest from Arsenal and Liverpool, broke into the senior side two seasons ago and has scored 18 times from 71 appearances.
Speaking at the weekend, MK Dons boss, Karl Robinson, said: “He can be as good as he wants to be, he has got everything. He is special.”
Newcastle struck a similar deal with Nottingham Forest in the summer following the signings of goalkeeper Karl Darlow and defender Jamaal Lascelles.
They will join Alli on Tyneside when the club reports for pre-season training in July.