BENJAMIN MENDY has agreed a £39.8million move from Monaco to Manchester City.

City boss Pep Guardiola is to splash out on the 22-year-old, leaving his summer spending at nearly £120m in just a WEEK.

5 Benjamin Mendy has secured a move to Man City after impressing last term Credit: Getty Images

The French full-back has agreed a £100,000-a-week, four-year deal with the option of a fifth.

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SunSport understands the near £40m move was sealed late last night, and the fee could rise depending on whether City win the Premier League or Champions League.

Mendy is expected to officially sign the deal and for it to be confirmed by both clubs when he is released from international duty.

An Etihad source said: “Everything was agreed between the two clubs late on Thursday night. Mendy and City had already agreed terms.

5 The defender helped Monaco lift the Ligue 1 title Credit: Rex Features

5 Benjamin Mendy starred against Manchester City in the Champions League Credit: News Group Newspapers Ltd

“There are bonuses attached to the fee depending on trophies. It will be official once he's done his duties with France.

“City aren't done yet either, they still want to bring a few more faces in. Pep still wants a left-sided defender as well.”

Mendy is currently with the French squad, who face Paraguay tonight before playing Sweden on June 9 and hosting England on June 13.

Guardiola started the week by snapping-up Portuguese star Bernardo Silva for £43m from Monaco on a five-year deal.

5 Benjamin Mendy has represented France Credit: Reuters

5 Benjamin Mendy was also linked with moves to Man Utd and Chelsea Credit: Times Newspapers Ltd

He then moved swiftly for Benfica ace Ederson for £34m, making him the most expensive goalkeeper of all time.

City are also interested in bringing Southampton defender Virgil van Dijk to the club, and have been quoted more than £50m.