Town are understood to have agreed a fee from Wrexham for forward Nathan Broadhead.
Yesterday, it emerged that the Red Dragons had made an approach to the Blues for the Wales international, who was left out of the squad for the friendly against Charlton at Colchester.
It’s now reported by the EADT that a fee ultimately worth £7.5 million with add-ons has been agreed.
Rumours of Wrexham interest in Broadhead have been circulating all close season with the former Everton man having been in and out of the Town side last season in the Premier League.
Last summer, Broadhead was close to moving to former loan club Sunderland on deadline day but the Blues’ move to sign Reiss Nelson on loan from Arsenal broke down and the Bangor-born attacker remained at Portman Road.
Broadhead is set to become Wrexham’s biggest ever signing, beating the £5 million recently paid to Nottingham Forest for Lewis O’Brien.
The newly promoted side are also understood to be signing ex-Blues striker Kieffer Moore from Sheffield United for £4 million.