Barcelona are reportedly ready to finalise the transfer of Palmeiras midfielder Matheus Fernandes.

While the Catalan giants are said to be prioritising a striker on deadline day, it has not stopped club officials from ensuring that they complete a deal for a player regarded as one for the future.

According to AS, the La Liga champions are on the brink of announcing a deal for Fernandes, who is currently travelling to Spain to undergo a medical.

Despite the transfer being held up because of issues with documentation, it appears that the 21-year-old will now pen a five-year contract at Camp Nou.

The report adds that Real Valladolid are due to benefit from the deal, with Barcelona allowing the former Brazil Under-20 international to move there on loan for the rest of the campaign.