Swansea agree deal for Exeter midfielder Matt Grimes - sources
Swansea have agreed a deal to sign highly rated Exeter midfielder Matt Grimes, sources have told ESPN FC.
Grimes is expected to undergo a medical in South Wales on Wednesday morning after agreeing a fee of 1.75 million pounds with League Two side Exeter.
Swansea have beaten off a host of Premier League rivals, including Liverpool and Sunderland, to land the talented teenager.
Grimes has come through Exeter's youth ranks and has been earning rave reviews since breaking into the team last season.
The 19-year-old won the club's Player of the Year trophy for his performances in central midfield, and can also operate on the left.
Exeter have been resigned to losing Grimes and have reluctantly agreed to let him move on in January rather than try to keep him until the end of the season.
Exeter had hoped to sell Grimes and have him back on loan, but Swansea boss Garry Monk is apparently ready to fast track the England under-20 international straight into the Swansea first-team in the new year.
Grimes, who is set to sign a four-and-a-half year deal at the Liberty Stadium, will become the second signing of the January transfer window following the arrival of Nelson Oliveira on loan from Benfica.