Phil Jones is set to rubber-stamp his £16.5m transfer to Manchester United after Blackburn Rovers' Indian owners conceded defeat in their attempts to inflate the cost of his move to Old Trafford.
United hope to confirm Jones, who played for England U-21s against Spain in the European Championship in Denmark last night, as their player today after weekend talks involving senior figures and legal advisers from United and Blackburn appeared to resolve the impasse between the two clubs.
Blackburn's owners, Venkys, had been investigating the possibility of a legal challenge to force United to raise their bid substantially due to their perception that United had benefited from leaked information surrounding the escape clause in Jones's contract, which was inserted into the 19-year-old's deal following a renegotiation in February.
Venkys also believed that the wording of the clause suggested that offers of over £16m for Jones would merely entitle the bidders to open talks with the player prior to making a more substantial offer to buy the defender.
With United being granted permission by senior figures at Ewood Park to perform a medical on Jones last Wednesday, however, the belief at Old Trafford is that Blackburn's acquiescence to that examination taking place is proof of meeting the terms of Jones's clause.
Firm interest in Jones from United, Liverpool (who made a £22m bid on Saturday), Arsenal, Chelsea and Tottenham had prompted Venkys to believe that they could spark a bidding war that could see the player's final valuation rise to as much as £25m. (© Daily Telegraph, London)