Chelsea have agreed a £30m deal with Leiceter for Kiernan Dewsbury Hall and the player has been given permission to undergo a medical.
The 25-year-old is set to join new Blues manager Enzo Maresca in swapping the King Power Stadium for Stamford Bridge this summer.
Dewsbury-Hall scored 12 Championship goals and registered 14 assists under Maresca last season.
The Dewsbury-Hall deal helps Leicester hugely towards meeting Profit and Sustainability Rules (PSR) but it remains to be seen whether they will be fully compliant.
A separate deal for 18-year-old Chelsea midfielder Michael Golding moving in the direction is also currently being finalised.
Golding made just one senior appearance for the Blues last season - his professional debut in the FA Cup victory over Preston on January 6.
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