Chelsea have moved to beat Arsenal and Manchester City in the race to sign Real Madrid playmaker Isco during the January transfer window.
The Blues are set to make a £70m bid on Wednesday with hopes that a deal worth £250,000-a-week can be agreed quickly, according to The Sun.
The four-and-a-half year contract will also include a large signing-on fee as part of the package.
The Spaniard is reportedly ready to make the move to Stamford Bridge with Arsenal delaying on making an offer and Manchester City wanting to wait until the end of the season.