Hamburg have accepted a bid from Manchester City for Belgium defender Vincent Kompany, according to the German club.
Details of the agreement regarding a possible move for the 22-year-old Belgium international were not disclosed in a statement posted on Hamburg's official website.
But Kompany's future at Hamburg has been called into question in recent days after he fell out with club bosses over his continued involvement for Belgium at the Olympic Games in Beijing.
Hamburg had ordered Kompany to return from the Games in time for their first Bundesliga game of the season last Friday despite Belgium's run to the final four in Beijing.
His appearance in the season-opening fixture against Bayern Munich now appears set to be 39th and last for the club since joining from Anderlecht in 2006.
'We wish Vincent all the best for his future,' said Hamburg's director of football Dietmar Beiersdorfer.
Hamburg president Bernd Hoffmann later claimed the transfer of Kompany hinged only on the player passing a medical at City.
Hoffmann said: ``We received an enquiry from Manchester asking whether Vince could imagine moving immediately and, depending on the medical examination, we quickly agreed to this transfer.''
According to reports, Kompany is set to sign a four-year contract at the City of Manchester Stadium.