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Premier League champions Leicester are to sign Luis Hernandez from Sporting Gijon on a four-year deal.
A product of the Real Madrid youth system, the 27-year-old has been with Sporting Gijon since 2012 and played a role in the club retaining their top flight status last season.
His contract with the La Liga club will expire at the end of the month and he will officially become a Leicester player on July 1.
Hernadez is Leicester's second signing of the summer after the arrival of Germany international goalkeeper Ron-Robert Zieler.
Meanwhile, the club have been warned that Watford striker Troy Deeney is not for sale.
The Foxes have had two bids, including an offer of £25million, for the striker turned down with Watford determined to keep hold of their captain ahead of another season in the Premier League.