Ajax midfielder Donny van de Beek will reportedly move to Real Madrid at the end of the campaign.
The Netherlands international was strongly linked with a switch to the Bernabeu in last summer's transfer window but ultimately remained with the Dutch champions.
Manchester United have since been linked with a move for the central midfielder, but according to De Telegraaf, Madrid have won the race for the 22-year-old's signature.
The report claims that Los Blancos have agreed a £47m transfer fee with Ajax, and the nine-time international will complete a move to the Spanish giants in this summer's transfer window.
Van de Beek has been impressive form for his Dutch club during the 2019-20 campaign, scoring eight times and contributing eight assists in 26 appearances in all competitions.
The news is likely to come as a blow to United, who could now allegedly switch their attention to Atletico Madrid midfielder Marcos Llorente during this month's transfer window.