Spanish football giants Real Madrid are poised to buy Pedro Leon from neighbours Getafe, according to AS and Marca on Saturday.
The sports dailies said that Getafe president Angel Torres met with Real's director general Jorge Valdano on Friday in the Estadio Bernabeu, and agreed on a 10 million euro (12.54 million dollars) transfer fee for the Spanish Under-21 international, DPA reported.
So far, neither of the clubs have made an official announcement about the deal.
Real and Getafe have enjoyed close relations in recent years, with several Real youngsters going to Getafe on loan.
Leon, 23, is a tall and powerful inside-right with an eye for goals. Last season he scored nine goals for Getafe and helped them to finish a club best sixth for a place in the Europa League.
Marca said that Jose Mourinho, Real's expensive new coach, has already approved the Leon signing. But AS said that Mourinho will not give "the green light" to the deal until he returns from holiday on July 12.
Last week Real announced the signing of Argentine left-winger Angel Di Maria from Portuguese champions Benfica for 25 million euros.
In the summer of 2009 profligate Real president Florentino Perez spent a record-breaking 260 million euros on eight new players, in a vain effort to end the domestic domination of champions Barcelona.