Aleksandar Mitrovic is currently undergoing his medical for Newcastle United.
Sky Sports’ north east man Keith Downie has also confirmed that they understand the signing is expected to be announced by Tuesday at the very latest.
The striker scored 26 goals (all competitions) last season for Anderlecht and flew into Newcastle Airport on Sunday afternoon.
The 20 year old striker is widely reported to be due to be joined at St James Park by teammate Chancel Mbemba very shortly.
In advance of Mitrovic flying into Tyneside, details of the deal struck between Newcastle United and Anderlecht & the striker, were reported in the Belgian media.
Het Nieuwsblad said that the following contract details had been offered by Newcastle United:
Anderlecht will receive 16.5m euros (£11.5m) plus bonuses if Mitrovic reaches certain landmarks.
Of that 16.5m euros, Partizan Belgrade will receive 2.3m euros (£1.6m), which is their 20% sell-on clause agreed when Anderlecht paid them 5m euros for the striker.
Anderlecht will also receive 5% of any subsequent sale of Mitrovic by Newcastle.
Mitrovic would receive 2.4m euros (£1.7m basic pay – £33,000 a week)
Elsewhere in the Belgian media, it is also reported that there will be big performance related bonuses to clinch the deal on top of his basic wage.
Mitrovic will be paid 23,500 euros (£16,000) for each Newcastle win and 11,700 euros (£8,000) for each draw.
Based on last season’s Premier League results (10 wins, 9 draws), that would have seen Mitrovic receive approximately an extra £232,000, adding on average £5,000 to his weekly pay.