Everton have agreed a fee with Strasbourg for striker Magaye Gueye, according to the France Under-21 international.
Sky Sports sources reported on Monday that Goodison Park officials had approached the French club with an offer of just under £1million for the 19-year-old.
Strasbourg are said to have accepted the bid and it is understood that Gueye will sign a three-year contract on Thursday.
The left-footed forward was rumoured to be a target of Premier League rivals Sunderland, Birmingham and Bolton, but he claims that Everton have won the race.
Gueye said: "I was over the moon when I heard that Everton had agreed a fee with my club.
"I was so happy and I am looking forward to developing in the best league in the world."
Everton have already added former Leeds striker Jermaine Beckford and Portuguese starlet Joao Silva to their squad this summer, and David Moyes is keen to further bolster his attacking options.