"Real Madrid and Borussia Dortmund have reached an agreement in principle on the transfer of Jude Bellingham, Transfer News Live reports, citing Marca journalist Jose Felix Diaz.
The transfer fee will be €100m with bonuses. The transfer will be completed as early as next week.
Bellingham is in his third season with Borussia Dortmund. The Bundesliga club are two points adrift of Bayern Munich.
According to Fabrizio Romano, the clubs have not rushed to complete the deal to keep Jude focused on the Championship race, so the final round of negotiations will take place next week.