Tottenham have agreed a deal to sign Valencia striker Roberto Soldado, subject to a medical.
The Premier League club's need for attacking reinforcements has been well documented, as has their desire to bring in the Spain international.
And the club took a significant step towards getting their man by confirming a fee had been struck for the 28-year-old who has been a prolific goalscorer in the Primera Division.
Tottenham's technical director, Franco Baldini, has spent time in Valencia to broker the deal, which will end Andre Villas-Boas's search for a centre-forward.
Tottenham are looking forward to welcoming the 28-year-old Spain international, who scored 30 goals in 46 appearances for Valencia last season.
Villas-Boas went through last season with Jermain Defoe and Emmanuel Adebayor as his recognised, senior strikers.
Villas-Boas has allowed Steven Caulker to move to Cardiff City for around €10 million, which becomes a record transfer for the Welsh club. The move raised eyebrows in some quarters as Caulker had been touted as the future for Tottenham.