Chelsea have announced they have agreed a fee with Real Madrid for the transfer of striker Alvaro Morata.
The move is now subject to the 24-year-old agreeing personal terms and passing a medical, according to a statement released by Chelsea.
The Spanish international will arrive in London on Thursday morning and is expected to sign a five-year contract once he passes his medical.
Manchester United had been in talks to sign Morata prior to the signing of Chelsea target Romelu Lukaku, but they refused to pay Real’s €80m (£70.7m) asking price.
After missing out on Lukaku, Chelsea focused on their other targets namely Morata, Pierre-Emerick Aubameyang, Andrea Belotti and Manchester City’s Sergio Aguero.
They made a decisive move for Morata on Wednesday after being told that Aguero and Borussia Dortmund’s Aubameyang were not for sale.
Morata also attracted interest from Serie A side AC Milan as the Rossoneri continue their summer spending spree.
However Torino’s Belotti has become Milan’s main target to partner Andre Silva next season.
Morata became Antonio Conte’s main target after Lukaku. Conte signed Morata for Juventus when he was in charge of the side in 2014, but left to manage the Italy national team shortly afterwards.
It is believed the Chelsea boss still wants to sign another striker this summer, although that player is likely to be a back-up role.