Daniel Levy has clinched the deal to bring Danish wonderkid Christian Erkisen to Tottenham Hotspur from Ajax, according to reports from Holland.
De Telegraaf claims Ajax and Tottenham have come to an agreement over the structure of the fee to be paid by the English club for Eriksen's services.
Levy had been in Amsterdam on Wednesday to thrash out a deal, and it seems the chairman has succeeded in his efforts to land one of Europe's brightest stars for the future.
Tottenham were initially reluctant to meet Ajax's price of £12 million for the player, offering only £8 million, but with time running out in the window, Levy preferred to wrap up the deal rather than haggle for a lesser amount.
The Premier League side will be paying Ajax £4 million for the next three years, bringing the total outlay on the player to a total of £12 million, with an additional £500,000 if Tottenham make it to the Champions League.
De Telegraaf quoted Ajax's director of football Marc Overmars as saying that all that remains for the deal to be completed is the youngster's signature - and Eriksen is expected to fly to London either on Thursday or Friday to have his medical.
Eriksen will then be unveiled along with Argentine youngster Erik Lamela, whom Spurs signed for a new club record of €30 million from Italian side Roma.
Despite being only 21-years-old, Eriksen had been linked with a host of European big-name clubs this summer, with only a year left in his contract, and is touted as being the next big thing to come out of Ajax's famed academy.
Tottenham defender, Jan Vertonghen, who had arrived from Ajax last summer, thinks the club is getting a good player in Eriksen.
"He is a good guy," said Vertonghen. "I played with him for four years and he is a good player."
Write for GiveMeSport! Sign-up to the GMS Writing Academy here: http://gms.to/130seMa
DISCLAIMER: This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of GiveMeSport.com or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. GiveMeSport.com and SportsNewMedia do not take any responsibility for the content of its contributors.