The 29 year old Kiwi will be officially confirmed and unveiled by the Sky Blues tomorrow morning, but this afternoon Victory confirmed he was exiting the club.

They admitted they had tried keep him in navy blue for next season but after initially looking for a move overseas, he has apparently been lured by life in harbour city.

Although he is believed to have been recruited on a lucrative wage, it is reported Sydney have managed to keep him under the salary cap, while others have claimed the deal is worth $2.5m over three years.

Barbarouses finishes his second stint at Victory with 161 appearances and 51 goals across all competitions, having represented the club between 2013-2016 before returning again ahead of the 2017/18 season.

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Barbarouses eyes Victory exit

Melbourne Victory's current leading goalscorer Kosta Barbarouses looks set to leave the club and head overseas next season unless the club digs deep to keep him, he's admitted.

His time at Victory has included the historic domestic treble season in 2014/15 where he was part of each of the  Premiership, Championship and FFA Cup title sides, and scoring the winning goal in the 2017/18 A-League Grand Final against Newcastle Jets to give Victory a fourth Championship.

“Kosta has not only been a terrific servant to Melbourne Victory over his two stints with the club, but also a great individual both on and off the field,” said GM Football Operations Paul Trimboli.

“We put forward an offer to keep Kosta here as we build towards our next chapter as a club, however he unfortunately declined this offer.

“As a club, we thank Kosta for his contributions to our success in recent seasons and wish him well in his future endeavours.”

He is expected to be unveiled in his new Sky Blue kit outside Sydney Opera House at 11am tomorrow.