Chelsea have announced they have agreed a fee with Real Madrid for the transfer of 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 Spain 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 £70.7m (€80m) 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.
Torino's Belotti has been linked with a move to Serie A rivals AC Milan.
Morata was Antonio Conte's top 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.
Sky sources understand the Chelsea boss still wants to sign another striker this summer, although that may just be in a back-up role. Borussia Dortmund no longer want to sell Pierre-Emerick Aubameyang
Conte signed Morata when he was at Juventus
More and now joined him at Chelsea.
Source: sky sport