Chelsea have reached an agreement to sign Brazilian left back Filipe Luis from Spanish champions Atletico Madrid, the Premier League club said on Wednesday.
The 28-year-old Luis, who is yet to agree on personal terms, is expected to join for a fee reported to be €20 million ($27.06 million) according to Spanish newspaper Marca.
"Atletico Madrid and Chelsea have reached an agreement for the transfer of Filipe Luis pending a medical by the English club," Atletico said in a statement.
"The Brazilian footballer communicated to us at the end of season of his wish to join the London club."
Chelsea have been in search of a left back after allowing Ashley Cole to leave on a free transfer at the end of last season.
Brazilian Luis will become the second Atletico player to join Chelsea during the close season after striker Diego Costa completed his move to Stamford Bridge on Tuesday.
Midfielder Tiago Mendes, a former Chelsea player, is also expected to rejoin Jose Mourinho's side after his contract at Atletico expired, while goalkeeper Thibaut Courtois, who has spent the last three seasons on loan at the Calderon club, will return to west London.