Liverpool striker Andy Carroll is having a medical with West Ham according to Sky Sports sources.
West Ham boss Sam Allardyce revealed at the weekend a deal to bring the player to east London on a permanent contract was close.
And the 24-year-old is expected to secure a six-year contract, with Liverpool receiving around £15m for the player.
Allardyce had previously expressed concerns about the size of the financial package involved in bringing in Carroll permanently.
However, he confirmed earlier this month that finalising a move for the striker is his priority before turning his attention to other transfer targets.
"Our first priority is signing Andy Carroll, if we can," said Allardyce.
"We have nearly finished our planning for pre-season and the players have all had their training programmes given to them so when they come back on 1st July they are ready to go.
"Then it's about the recruitment of the other players who we want as quickly as possible. That will be the most difficult part of the summer."
West Ham have already agreed deals to sign Spanish goalkeeper Adrian and Romania captain Razvan Rat on free transfers.