Chelsea have agreed a deal to sell Belgium goalkeeper Thibaut Courtois to Real Madrid, with Croatia midfielder Mateo Kovacic moving to Stamford Bridge on loan from the Spanish club.
The Blues say the deal is still subject to Courtois agreeing personal terms and completing a medical.
Real plan to present the 26-year-old, who will sign a six-year deal, as their new signing at 12:00 BST on Thursday.
Courtois has been a Blues player since 2011, when he signed from Genk.
He was immediately loaned to Atletico Madrid, where he played until 2014, before returning as the Blues’ number one.
On Monday he was absent from Chelsea’s Cobham training ground, where he was due to take part following his involvement at the World Cup.
More to follow.