Keylor Navas will reportedly become Real Madrid's third signing of the summer over the coming days.
The European champions added Toni Kroos from Bayern Munich shortly after the conclusion of the World Cup, while James Rodriguez arrived for a reported £70m from Monaco yesterday afternoon.
However, despite the fact that the club has spent a figure approaching £100m on two players, another £7m will be spent to acquire the services of Levante goalkeeper Navas, according to AS.
The 27-year-old is currently on holiday, but he will finalise his switch to the Bernabeu upon his return.
Navas's impending arrival is expected to mean that one of Iker Casillas or Diego Lopez - Madrid's two senior keepers - will be moved on.