Manchester City Transfer News: Bony Completes £25m Switch from Swansea City to Etihad

Ivorian striker Wilfried Bony has completed a transfer from Swansea City to Manchester City for a reported fee of £25 million, according to the Ivory Coast football federation.

"Bony has signed with Manchester City this Wednesday, 14 January," said the Ivory Coast football federation via a Twitter post.

Swansea City, however, have criticised the Ivory Coast football federation for announcing that the deal has been done, insisting that Bony "has NOT yet completed his move."

"The club has not confirmed anything and the Ivory Coast have no right to comment," said a Swansea City spokesperson.

"Wilfried Bony has NOT yet completed his move to @MCFC. Once completed, we will confirm via official channels - not the Ivory Coast FA!" the Welsh club tweeted.

The transfer, which is reportedly subject to some paper work, is expected to be officially announced by the Citizens later in the evening.

The 26-year-old striker, who is currently on international duty for Ivory Coast at the Africa Cup of Nations, reportedly joins for an initial transfer fee of £25 million, with a further £3m in add-ons over a period of four years.

Although City are capable of paying the entire £28 million up front, they have reportedly structured the deal in order to adhere to UEFA's Financial Fair Play regulations.

According to the Daily Mail, Bony, who has already scored nine goals from 22 appearances in all competitions this season, has agreed on a four-year deal worth around £1,00,000 a week, roughly the double of what the striker was earning at the Liberty Stadium.

The Ivory Coast international, who joined Swansea City from Dutch side Vitesse Arnhem in the summer of 2013, had earlier stated that he wanted to leave the Liberty Stadium to get a chance to play in the Champions League.

"Every player wants to play in the Champions League and World Cup - so it's the wish of every player," Bony had said earlier, according to the Daily Mail. "When you get the opportunity, sometimes it happens, sometimes not, but I am just taking things day by day."