Real Madrid have agreed a terms with James Rodriguez over a £63m from Monaco, according to Spanish daily AS.
The Madrid newspaper claims that the player has reached a verbal agreement with Real. His club Monaco have reportedly demanded £63m for the winger, who excelled during World Cup, where he finished the tournament as the top scorer with six goals.
James Rodriguez moved to Monaco last year for £40m.
Real already bolstered their ranks today with the £24m purchase of Toni Kroos from Bayern Munich.
The Germany midfielder, who signed a a six-year contract, was instrumental in Germany's World Cup-winning campaign that culminated in a 1-0 final victory over Argentina on Sunday.
Kroos is Real's first signing ahead of the new season and he could well take over set-piece duties from Xabi Alonso. His arrival could also lead to the departure of Germany team mate Sami Khedira, who has been linked with a move to Arsenal and Chelsea.
"We are grateful to Toni Kroos for his time in Munich," Bayern chairman Karl-Heinz Rummenigge told the club website.
"Together we had great achievements here and we wish he and his family all the best in Madrid with Real."
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