Chelsea was on the verge of signing one of European soccer's hottest young talents Saturday after agreeing to a fee for Belgian teen striker Romelu Lukaku.

The Blues had been tracking the 18-year-old, who has already been capped at senior international level, for some time.

Negotiations between the Premier league giant and Belgium club Anderlecht are ongoing and they have now agreed to a fee, Anderlecht confirmed on its website.

Reports suggest Lukaku -- widely regarded as a top prospect -- cost Chelsea around £20 million ($33 million).

He is set to travel to London in the next few days to discuss personal terms and undergo a medical examination.