AC Milan will complete a deal to sign Leonardo Bonucci from Juventus on Friday for £35.2m plus £1.7m in add-ons, Sky Sports reports.
Bonucci will sign a five-year contract and will earn £110,000 a week after tax.
Chelsea and Manchester City had been interested in signing Bonucci last summer, but the player does not want to leave Italy for personal reasons.
The 30-year-old has scored 18 goals in 300 appearances for Juve since signing from Bari in August 2010.
Bonucci has been a regular in the Juventus side that has swept all before them in Italy in recent years, winning the Italian title for the last six seasons.
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