Yeah
I am always dubious about the accuracy of such reports , I doubt journalists are privy to all the information, they are told only that which benefits the informant .
I do suspect in this case that Southampton are keen to ensure they are seen as negotiating a good price for a local talent .
I think you are correct that a deal will be done , probably undisclosed fee, which in reality will have numerous add ons and sub clauses which will make the final price hard to decipher, and allow both clubs to publicly claim satisfaction.