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The Brazilian is on his way to London...

UPDATE: Santos president Luis Alvaro has threatened to report Chelsea to FIFA for constantly tapping up Neymar. The supremo also said that no agreement has been reached between the two clubs, unless the Blues can buy out the player's €35 million release clause.

Santos starlet Neymar has agreed to join Premier League champions Chelsea in the coming days, according to latest reports.

One of Brazil's most important newspapers, Folha de Sao Paulo, claims that in a meeting held in New York the decision to allow the Brazilian international striker to leave Santos for Chelsea was finalised.

It's been reported that the meeting was held in the presence of the player, his father, agent Wagner Ribeiro, Santos president Luiz Alvaro de Oliveira Ribeiro, Chelsea chairman Bruce Buck and agent Pini Zahavi. Neymar agreed to sign for the Blues, who will pay Santos €25 million.

Neymar has been a target of Chelsea's all summer and at one point it appeared that the move had fallen through when Santos officially rejected a €20 million bid from the English giants. However, with Neymar having agreed to put pen to paper, it now appears that an official declaration will be made in the coming days.


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