Aston Villa have agreed a deal to sign Alejandro Garnacho from Chelsea.
The arrangement is for a loan with a conditional obligation to buy, which is easily achievable.
The total package, including the loan fee, is understood to meet Chelsea's valuation.
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Sky Sports News has been reporting Chelsea wanted £42.6m for the winger.
Garnacho joined Chelsea last summer from Manchester United for £40m.
The winger had not reported for pre-season training at Chelsea in order to allow him to find a move away.
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