Cardiff are expected to complete the transfer of Jason Koumas from West Bromwich Albion this week.
BBC Sport understands that the fee and personal terms have been agreed for the Wales midfielder, 26.
Koumas enjoyed a successful season-long loan at the Bluebirds last year and is the club's number one transfer target.
He has no future at the Baggies after falling out with manager Bryan Robson, but his arrival could cost Cardiff over £2m, likely to be paid in instalments.
It is believed that the Bluebirds have agreed a £1.5m down-payment, with appearance bonuses that could continue for up to three years.
Koumas scored 13 goals last season and proved the creative lynchpin of the team, winning the adulation of Cardiff fans and making the Championship team of the season.
He has two years left on his Baggies contract, but his rift with Robson deepened last week when he was disciplined for failing to turn up for pre-season training at the Midlands club.
Cardiff have money available to finance the deal after the £3m (initial fee) sale of Cameron Jerome to Birmingham.
But money remains tight at Ninian Park, with the wage bill still higher than manager Dave Jones would like.
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