Lyon have accepted a minimum €35 million bid from Real Madrid for striker Karim Benzema, the the French club have confirmed on their website.
Benzema will become Florentino Perez's fourth signing since returning to the Madrid presidency a month ago, following the arrivals of Kaka, Cristiano Ronaldo and Raul Albiol.
The France forward came through the ranks with the French giants and burst onto the scene in the 2007-08 season with 31 goals in 51 games, a streak that saw him named Ligue 1 player of the year as well as top the league's scoring charts.
The last campaign was less impressive for both club and player, as Lyon ended the season without the Ligue 1 title for the first time in eight years, but Benzema nevertheless scored 23 goals in all competitions - an average of a goal every other game.
The deal will take Madrid's summer spending to over €200 million.
