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Manchester United have reached an agreement with Atalanta over Rasmus Hojlund.

The deal in principle is worth an initial £64m with a further £8m in add-ons. Atalanta went into negotiations wanting £77m guaranteed.

As previously reported by Sky Sports News, the forward’s destination of choice has been Old Trafford, so there was no concern over PSG’s interest in the Denmark international.

Personal terms were no issue, with Hojlund agreeing a five-year contract with the option of an additional 12 months.

The Premier League side were handed a boost on Saturday when Atalanta signed Almeria forward El Bilal Toure, while Hojlund was left out of the squad that played Bournemouth in a pre-season friendly.

United’s incoming business is now largely done, and any more arrivals are likely to depend on departures.

There is interest in the likes of Harry Maguire, Scott McTominay, Fred and Donny van de Beek.

If there are exits, United are understood to be ready to go into the market to replace them.

Strong interest remains in Fiorentina midfielder Sofyan Amrabat.

‘Man Utd have solved three core squad issues’

Sky Sports News senior reporter Melissa Reddy:

“United are conscious that Hojlund is more potential than the finished article, but believe Erik ten Hag’s coaching could help mould him into an elite player.

“Marcus Rashford may need to play some games as United’s focal point while the 20-year-old adjusts and gains experience. Long-term he is seen as a talent that has the potential to become world class under Ten Hag.

United have now solved the three core squad issues the manager identified: a goalkeeper, forward and dynamic midfielder. This has been done within the budget the club set themselves, which was conditioned by Financial Fair Play regulations.”

Analysis: Hojlund has huge potential

Sky Sports’ football feature writer Adam Bate:

Rasmus Hojlund has captured the imagination after an encouraging season in Serie A and Manchester United are betting on the 20-year-old talent to be the next superstar striker in European football. But how can they get the best from the young Dane?

Sturm Graz’s tactics demanded Hojlund make penetrative runs in behind the opposition defence. “That needs a lot of sprints and a lot of quick decisions from our strikers, and I think those are big strengths of Rasmus,” head coach Christian Ilzer told Sky Sports.

“I think it was key that our philosophy and style fitted his skillset perfectly so he came into a good environment. Ras was a great addition to our team with his abilities. It was his speed, his general physique and his willingness to work hard against the ball.”

Erik ten Hag will welcome a pressing forward with pace but patience will be required. Hojlund has promise but United need to see significant progression to justify this outlay. He made that progress at Sturm Graz and again with Atalanta. This next step is the key one.

Ten Hag: Real Madrid defeat shows why Man Utd need a striker

Ten Hag said United’s inability to take their chances in a 2-0 friendly loss to Real Madrid on Thursday “absolutely” emphasised their need for a new striker.

United had chances of their own but failed to score with any of their 14 attempts – an all too familiar tale given their problems taking opportunities last season.

Asked if the attacking display in Texas emphasised why they were looking to sign a new striker, Ten Hag said: “Absolutely.

“There were two things – the pressing can be better from the start and scoring goals.

“I think we need more players who are capable to be in the one-on-ones and we had the situations of one-on-ones.”

Follow the summer transfer window with Sky Sports

Who will be on the move this summer when the transfer window opens on June 14 and closes at 11pm on September 1 in England and midnight in Scotland?

Keep up to date with all the latest transfer news and rumours in our dedicated Transfer Centre blog on Sky Sports’ digital platforms. You can also catch up with the ins, outs and analysis on Sky Sports News.