A Sheffield Wednesday transfer update has been shared, with a deal now close to being completed.
Sheffield Wednesday have a triple transfer embargo following their ongoing financial problems.
It means signings at Hillsborough this summer are very unlikely, with the club only able to offer wages up to £7,000.
As a result, the focus so far has largely been on which stars are going to be leaving the club this summer.
Sheffield Wednesday will lose Mallik Wilks after his contract expired, with a move to Turkey now on the cards.
Meanwhile, another talent is now expected to secure a move to a Premier League side in the current transfer window.
Photo by VisionhausSheffield Wednesday transfer update
It was reported last week that Manchester City want to sign Romario Collins from the Owls.
This update came after it had already been shared that rising star Caelan-Kole Cadamarteri was set to link up with the Sky Blues this summer.
Now, journalist Fabrizio Romano has shared an update on Man City’s pursuit of Collins this week.
And he’s now reporting that the Manchester outfit have agreed terms with the young Sheffield Wednesday talent.
Taking to X/Twitter, he wrote: “Manchester City Academy recruitment drives continues as #MCFC agreed terms with highly rated U15 talent Romario Collins from Sheffield Wednesday. Deal in place as BBC reported, follows up on from recent signing of Caelan Cadametri with City really pushing for top talents.
🚨🔵 Manchester City Academy recruitment drives continues as #MCFC agreed terms with highly rated U15 talent Romario Collins from Sheffield Wednesday.
Deal in place as BBC reported, follows up on from recent signing of Caelan Cadametri with City really pushing for top talents.
— Fabrizio Romano (@FabrizioRomano) July 7, 2025
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Sheffield Wednesday compensation for Romario Collins
As well as the two stars set to join Pep Guardiola’s squad, another young player will leave the Owls soon.
Sutura Kakay is departing, with Sheffield Wednesday ‘locked in negotiations’ with Southampton for compensation.
The exact figures Wednesday will be due in compensation for each player is not known.
However, a six-figure compensation fee for Collins has been mooted recently.
Meanwhile, the Owls will reportedly net somewhere in the region of £2m for all three of the aforementioned players.