An AC Milan director said a deal had been struck to take Mario Balotelli to the Italian club.
Umberto Gandini tweeted: "Tranfer agreement for Balotelli signed with Manchester City. Medicals tomorrow in Milan, then personal terms until 2017 signing."
The Serie A giants are understood to have agreed to pay around £20 million (Dh11.57m) for the player, with some of the fee being made up by bonuses.
City have so far made no comment on the matter.
As contracts are yet to be signed, a degree of caution is understandable.
However, providing there are no unforeseen hitches, Balotelli will join Milan ahead of Thursday's transfer deadline, thus ending a remarkable two-and-a-half-year stay with City, during which time the forward has attracted almost as many headlines for off-field incidents as success on it.
A member of City's starting line-up in the 2011 FA Cup final, when they ended a 35-year wait for a trophy, Balotelli also provided the crucial injury-time pass that set up Sergio Aguero for the dramatic Premier League title-winning goal at the Etihad Stadium in May.
But that momentous afternoon came just five weeks after Roberto Mancini, the manager, had said Balotelli would never play for City again after the striker was sent off at Arsenal, having been lucky to avoid a red card earlier in the same game for a dreadful challenge on Alex Song.
Such lapses in professionalism have scarred Balotelli's time with the Blues.
There have been numerous training ground bust-ups - only recently he had to be separated from his manager after he lunged in on Scott Sinclair - while his petulant on-pitch behaviour led to City imposing a fine which he threatened to challenge at a Premier League tribunal until finally backing down in December.
Through most of the controversy, Mancini has stood by a player he has paid special attention to since they were together at Inter Milan.
And, until this season, Balotelli's contribution on the pitch had been enough to keep Mancini and the City supporters on his side.
However, after returning from Euro 2012 with his reputation enhanced by a series of impressive performances for Italy, most notably the semi-final win against Germany when he scored twice, he has made little impact on City's title defence.
He has made just two substitute appearances since a dire performance against Manchester United at the beginning of December, when he was handed a surprise start, but did little of note before being substituted in the second-half.
Although Mancini and his assistant David Platt have repeatedly stressed since then that Balotelli is going nowhere, rumours of a move to Italy have gained strength.
And now all that is required are the final touches to be put to the transfer of a player many will ultimately feel has been more trouble than he is worth.
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ESSENTIALS
The flights
Emirates flies from Dubai to Phnom Penh via Yangon from Dh2,700 return including taxes. Cambodia Bayon Airlines and Cambodia Angkor Air offer return flights from Phnom Penh to Siem Reap from Dh250 return including taxes. The flight takes about 45 minutes.
The hotels
Rooms at the Raffles Le Royal in Phnom Penh cost from $225 (Dh826) per night including taxes. Rooms at the Grand Hotel d'Angkor cost from $261 (Dh960) per night including taxes.
The tours
A cyclo architecture tour of Phnom Penh costs from $20 (Dh75) per person for about three hours, with Khmer Architecture Tours. Tailor-made tours of all of Cambodia, or sites like Angkor alone, can be arranged by About Asia Travel. Emirates Holidays also offers packages.
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Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
Killing of Qassem Suleimani
UAE currency: the story behind the money in your pockets
Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
Available: Now
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The biog
Favourite films: Casablanca and Lawrence of Arabia
Favourite books: Start with Why by Simon Sinek and Good to be Great by Jim Collins
Favourite dish: Grilled fish
Inspiration: Sheikh Zayed's visionary leadership taught me to embrace new challenges.
UAE currency: the story behind the money in your pockets
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A Bad Moms Christmas
Dir: John Lucas and Scott Moore
Starring: Mila Kunis, Kathryn Hahn, Kristen Bell, Susan Sarandon, Christine Baranski, Cheryl Hines
Two stars
Pox that threatens the Middle East's native species
Camelpox
Caused by a virus related to the one that causes human smallpox, camelpox typically causes fever, swelling of lymph nodes and skin lesions in camels aged over three, but the animal usually recovers after a month or so. Younger animals may develop a more acute form that causes internal lesions and diarrhoea, and is often fatal, especially when secondary infections result. It is found across the Middle East as well as in parts of Asia, Africa, Russia and India.
Falconpox
Falconpox can cause a variety of types of lesions, which can affect, for example, the eyelids, feet and the areas above and below the beak. It is a problem among captive falcons and is one of many types of avian pox or avipox diseases that together affect dozens of bird species across the world. Among the other forms are pigeonpox, turkeypox, starlingpox and canarypox. Avipox viruses are spread by mosquitoes and direct bird-to-bird contact.
Houbarapox
Houbarapox is, like falconpox, one of the many forms of avipox diseases. It exists in various forms, with a type that causes skin lesions being least likely to result in death. Other forms cause more severe lesions, including internal lesions, and are more likely to kill the bird, often because secondary infections develop. This summer the CVRL reported an outbreak of pox in houbaras after rains in spring led to an increase in mosquito numbers.
MATCH INFO
Juventus 1 (Dybala 45')
Lazio 3 (Alberto 16', Lulic 73', Cataldi 90 4')
Red card: Rodrigo Bentancur (Juventus)
Hamilton profile
Age 32
Country United Kingdom
Grands Prix entered 198
Pole positions 67
Wins 57
Podiums 110
Points 2,423
World Championships 3