Sky Sports understands Swansea City have agreed a deal to sign Ivory Coast international Wilfried Bony from Vitesse Arnhem.
The 24-year-old striker has been heavily linked with a move to the Swans with midfielder Leon Britton already admitting the transfer would be a massive "statement of intent" by the club.
That statement now appears to have been made with Bony having been pictured with a Swansea shirt and a deal taking the player to the Welsh club is expected to be finalised on Wednesday.
The fee is thought to be in the region of £12million and will help Michael Laudrup build on last season's success with a European campaign to prepare for in 2013/14.
Bony was the top scorer in the Eredivisie last season having scored 31 goals in just 30 games for Vitesse.
The Swans' previous record transfer fee paid was £5.55million, which went to Valencia last season for winger Pablo Hernandez.
Bony, 24, was named Dutch football's player of the year for 2012-13, a campaign in which he netted 31 goals in the Eredivisie for Vitesse to become the division's top-scorer.
He is poised to become the seventh permanent signing Swansea, who finished ninth in the Barclays Premier League last term, have made this summer.
Jonjo Shelvey, a senior England debutant in October, completed his move from Liverpool last Wednesday, which followed the arrival of three Spaniards - fellow midfielders Alejandro Pozuelo and Jose Canas, both at Real Betis last season, and defender Jordi Amat, recruited from Espanyol.
The Swans have also brought in two teenagers in Slovenian goalkeeper Gregor Zabret and Cypriot midfielder Alex Gogic, while Villarreal's Holland midfielder Jonathan de Guzman has returned to the Liberty Stadium on loan again, signing a season-long deal with the Carling Cup winners as he did a year ago.