Barcelona have reached an agreement over the signing of Udinese forward Alexis Sanchez on a €26 million transfer. The Chilean international will undergo a medical on Monday before putting pen to paper on a five-year contract.

"Udinese and FC Barcelona have reached a definitive agreement for the transfer of Alexis Sanchez," said a statement on Barcelona's website. "The medical, signing of his contract for the next five years and presentation will take place on Monday."

Sanchez spent three seasons with Udinese, and scored 12 goals in 31 appearances in Serie A last term to help the club finish fourth and qualify for the UEFA Champions League. He was also a member of the Chilean squad that reached the quarter-finals of this summer's Copa America, where they were defeated by Venezuela.

The 22-year-old had been heavily linked with Barcelona for the majority of the summer, however, there was also interest from the likes of Chelsea and Manchester City. Barça coach Pep Guardiola made no secret of his admiration of the pacey winger and has now finally got his man after negotiations have been finalised between the two clubs.