Deco is close to completing his return to Brazil, with Fluminense revealing they have already agreed terms with the Chelsea midfielder.
The 32-year-old confirmed several months ago that he was seeking a move back to the country of his birth, after spending 13 years in Europe.
Portugal international Deco, who joined Chelsea from Barcelona in 2008 on a three-year contract, now appears to have been granted his wish if he can negotiate his release from the Barclays Premier League club.
"As Deco himself said, the deal is well under way," said Celso Barros, the president of the group which owns Fluminense, a club based in Rio de Janeiro.
Barros continued: "It depends only on him being released by Chelsea and passing the medical tests, because the salary and length of contract have already been agreed.
"We will not talk this Wednesday, but in principle Deco will go to London to try to expedite his release with Chelsea.
"That done, he has asked Fluminense for at least a week to be with his children in Brazil and then he will report for medical tests and to start training."
Deco developed his career in Europe after struggling to make the grade as a teenager in Brazil, and starred for both Porto and Barcelona before moving to Stamford Bridge.
Born and raised in the state of Sao Paulo, he represented Portugal after moving to the country and gaining citizenship but retired from international football following their exit from this year's World Cup.
Copyright (c) PA Sport 2009, All Rights Reserved.