Chelsea has agreed to $92.8 million fee to sign Kepa Arrizabalaga from Athletic Bilbao.
Arrizabalaga will replace Thibaut Courtois, who has been angling for a transfer to Real Madrid.
Kepa is Spain's second choice keeper.
Real Madrid came close to buying Kepa for only £17.9 million in January, but Zinedine Zidane dissuaded the board from pursuing a deal to not disrupt the club's rhythm.
Chelsea lost out on signing Alisson as Liverpool bought him from Roma.