Only on Friday, manager Roberto Mancini was bemoaning the lack of new signings at the Premier League champions.
But ahead of Sunday's Community Shield encounter with Chelsea at Villa Park, it was confirmed City had agreed a fee for Rodwell.
"Everton have agreed an undisclosed fee with Manchester City for the transfer of Jack Rodwell," said the Merseyside outfit in an official statement.
"The midfielder is set to undergo a medical with the Premier League champions on Sunday."
The 21-year-old won his first England cap last season and has previously been linked with Manchester United.
Although he has been troubled by injury problems throughout his short career, robbing him of the chance of featuring at this summer's Olympics, Rodwell has been rated in the £20million bracket and is seen as a regular international of the future.
He was named in Roy Hodgson's squad for next Wednesday's friendly with Italy in Switzerland.
Source: PA
Source: PA