Valencia have reached an agreement in principle with Chelsea for the transfer of Juan Mata to Stamford Bridge, the Spanish club have announced.
The Mestalla outfit added that Mata's transfer to Chelsea is only subject to the player passing a medical with the Premier League side, with no indication of the figured involved in the deal.
Reports in England and Spain claim that Valencia have accepted a €30 million offer from Chelsea after having allegedly refused a first bid of €25m.
The London-based outfit too have confirmed that they have come to an understanding with Valencia for the Spaniard's signature.
"An agreement has been reached with Valencia CF for the transfer to Chelsea of midfielder Juan Manuel Mata," reads a statement on Chelsea's official website.
"The move is now subject to the player passing a medical and agreeing personal terms."
Mata, 23, will become Chelsea's fourth signing of the summer, following in the footsteps of Oriol Romeu, Thibaut Courtois and Romelu Lukaku.
The Spain international - who is the second Valencia star to migrate to the Premier League in just one year, after David Silva signed for Manchester City - was also being courted by Arsenal and Tottenham.
Last month, Goal.com revealed that Mata had no interest in moving to White Hart Lane due to Tottenham's wage restrictions and lack of Champions League football, while Arsenal boss Arsene Wenger ruled out making a bid for the player just last week, following the departure of Cesc Fabregas to Barcelona.
Mata, who joined Valencia from Real Madrid B in 2007, was part of the Spain side that won the 2010 World Cup finals in South Africa.
He also played a leading role in the outfit that won the European Under-21 Championship in Denmark earlier this summer and was named in Goal.com's team of the tournament.