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Pep Guardiola is closing in on another signing with the Blues set to tie up a deal for Ukraine midfielder Oleksandr Zinchenko.

With Ilkay Gundogan already in the bag and Spain winger Nolito set to be announced any time now, Zinchenko is likely to be the fourth capture of the summer for Manchester City after the arrival of Aaron Mooy.

The 19-year-old has been in his country's squad for Euro 2016 but the deal has moved quickly once they were eliminated – and Zinchenko could put pen to paper in the next week.

But he is unlikely to feature in Guardiola's squad, as he will be loaned out to a continental club – with PSV Eindhoven in the driving seat to take him.

City are keen for Zinchenko to get Champions League experience, so a move to the Dutch champions would suit them.

Watch: Oleksandr Zinchenko highlights

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Zinchenko had a great season with his club Ufa and was chosen for the Euros squad ahead of Dynamo Kiev legend Oleh Gusev, and won his first full cap in May.

The left-footed central midfielder is an all-rounder, with good touch and control, and also not afraid to mix it – he also scores goals.

City have been pursuing him for a few months and there is no indication of the fee they have paid – although his Euro call up will probably have pushed his price above the £3.5m initially mooted.

The Blues are also close to completing a three-year deal for 25-year-old Australia international midfielder Aaron Mooy, from sister club Melbourne City, but he is also set to go out on loan.