Chester FC defender Sam Hughes has agreed a move to former Premier League champions Leicester City.
The 20-year-old centre-back has agreed terms with the Foxes on a three-year contract, according to the Daily Mail, and the two clubs have now come to an agreement over the fee, avoiding a potential tribunal.
The fee is a reported £125,000, close to Chester's valuation.
But the Blues have tonight stated a deal to take Hughes away from the Lookers Vauxhall Stadium is not done yet.
Chester's chief executive Mark Maguire said: "Despite press speculation to the contrary no deal has, as yet, been concluded for the transfer of registration for Sam Hughes.
"We understand Sam has had productive meetings with his preferred club and we have been engaged in detailed discussions. However, until such time that a formal agreement has been reached we are not in the position to disclose any further details.
"Nevertheless, this is a fast moving situation and we would anticipate further progress tomorrow."
Hughes, from West Kirby, has come through the academy set-up to make 64 appearances for the Blues, scoring eight times, and he became the club's youngest ever captain when he led the side out in the home game against Tranmere Rovers last season.
His performances throughout the 2016/17 Vanarama National League campaign saw scouts flock to the Lookers Vauxhall Stadium with sides such as Crystal Palace, Sheffield Wednesday and Swansea City all showing an interest.
Barnsley had an £80,000 bid rejected for Hughes in January while Swansea were close to pulling the trigger on a swoop on deadline day before deciding against it.
But Hughes is now set to a seal a dream move to the Premier League with Leicester, who stunned the football world when they won the Premier League in 2015/16 and made the quarter-finals of the Champions League last season.
Initially he is likely to link up with their under-23s squad for a period of time but may be included in their trip to Hong Kong to contest the Premier League Asia Trophy. Liverpool, West Bromwich Albion and Crystal Palace will also contest the competition.
As well as a six-figure transfer fee, Chester will also include a number of clauses into the deal.
Earlier today Leicester confirmed interim boss Craig Shakespeare had been handed the job on a permanent basis.