Real Madrid have agreed a staggering £160 million deal to sign Kylian Mbappe from Monaco.
The Spanish giants will pay €160 million (£143 million) up front and a further €20 million (£17 million) in add-ons for the young hotshot France international, according to Spanish newspaper, Marca.
The deal would break the huge £89 million figure that Manchester United paid for Paul Pogba last summer.
Mbappe would be offered a six-year contract by the Champions League holders and would earn €7 million (£6.2 million) annually in the agreement or £119,000-per-week.
Manager Zinedine Zidane gave his approval to the agreement this week after a meeting between Mbappe, president Florentino Perez and director general Jose Angel Sanchez.
Real lost striker Alvaro Morata to Premier League side Chelsea last week.
Mbappe previously feared he would not feature in Real’s first team but during conversations with Zidane he was assured of a place in the starting line-up.
That has convinced him to forgo another season at Monaco and instead make the switch to Real this summer.
Mbappe scored 15 league goals in 29 appearances as Monaco won Ligue 1 last season.