Malaga keeper Willy Caballero, will be reunited with his former manager Manuel Pellegrini, after Manchester City secured the services of the Argentine for a fee reported by the Marca to be around €7 million.
Caballero joined Malaga in 2011 making 117 appearances for the Costa del Sol based club and at 32-years of age he will provide Pellegrini plenty of experience and will be ideal back-up to Joe Hart.
The Argentine became a cult figure during his time at Malaga and holds the club record of 480 minutes without conceding a goal. The athletic stopper was also one of the outstanding contributors under Pellegrini during their remarkable Champions League run in the 2012/13 season.
Reports a few weeks back suggested that Arsene Wenger was in pole position to land the keeper however it appears the lure of playing with his former manager again was too hard to resist.
Manchester City and Malaga have apparently agreed to the €7 million fee plus another €4 million in incentives, however it is unclear whether he is coming in as back-up to England keeper Hart or if the club is getting ready to sell the Englishman.
Caballero, currently on holiday in his native Argentina, is due to fly in to Malaga later today and sign his release papers before jetting off to Manchester for his medical.
The keeper will be the second Malaga player to be brought in by Pellegrini after the Chilean signed 33-year old Argentinian defender, Martin Demichelis, back in 2013.
Caballero will be a great addition to Manchester City
Malaga have already earmarked several replacements for the departing Caballero, possibilities include the Mexico team's Guillermo Ochoa and the Argentine, Gerónimo Rulli.
City are expected to bring in more players over the summer, with £60 million Paul Pogba set to be at the centre of a tussle between both Manchester clubs, Chelsea and Real Madrid.