Bournemouth have agreed a compo fee with Blackburn Rovers for Joshua King.
King, 23, will cost Cherries around £1million with Rovers entitled to receive a level of compensation for the player as he is under 24 years of age.
Cherries chief Neill Blake told the Daily Echo: “I am pleased to have reached a compromise. We've got a good deal for a good player.
"I am delighted the two clubs could work together to get it done so it didn't have to go to a tribunal."