Real Madrid president Florentino Perez has announced that Isco is set to join the club from Malaga.
The 21-year old playmaker has been heavily linked with both Madrid and Manchester City this summer but Perez suggests he will sign with the Spanish side as early as next week.
"There is an agreement with the club [Malaga] and the player," he told radio station RNE.
"Isco will be presented next week, all he needs is to overcome the medical examination."