Tottenham have agreed a £60m deal with Everton to sign Richarlison.
Tottenham offered £40m in writing at 4pm on Wednesday and Everton chairman Bill Kenwright initially went away, believing the offer was insufficient.
Spurs will pay an initial £50m with a further £10m in add-ons.
Everton were not happy with the overall £60m package but had to accept that fee for the June 30 deadline to ensure Frank Lampard has wriggle room in the transfer market.
The agreement was reached very late on Wednesday night with the player now set to undergo a medical in the coming days in Brazil ahead of completing the move.
Richarlison will become Spurs’ fourth summer signing after Fraser Forster, Ivan Perisic and Yves Bissouma. Spurs are also closing in on a loan deal for Clement Lenglet from Barcelona.
Everton are understood to be under pressure to bring themselves in line with the Premier League’s Profit and Sustainability rules before the end of their financial year, which is midnight on Friday.
It remains to be seen whether Spurs will also be able to do a deal for Anthony Gordon – but Sky Sports News reported earlier on Wednesday the Blues were reluctant to discuss his potential sale.
Chelsea were considering rivaling Tottenham for Richarlison, one of several options the Blues are looking at to improve their front-line.
Chelsea are in talks with Leeds over a deal for Richarlison’s compatriot Raphinha, with the Blues prepared to pay in excess of £50m to get the deal done, and hold interest in Man City’s Raheem Sterling and Barcelona’s Ousmane Dembele, who is soon to be out of contract.
Meanwhile, Tottenham have cooled their interest in Anthony Gordon for now and are concentrating their efforts on completing the Richarlison deal.
Everton indicated during talks with Spurs that they did not want to sell Gordon. It is understood Spurs did make a combined offer for both players during discussions.
‘Spurs building quite a strike force’
Sky Sports’ Alan Smith:
“It’s a great deal for Spurs.
“Obviously, with Antonio Conte and the strong position he’s in having got them qualified for the Champions League, he’s an ambitious manager and he would have demanded money to strengthen the squad, and he’s clearly got it.
“The Richarlison deal is interesting. He doesn’t immediately strike me as a Conte player but he’s a very talented boy and he has a great desire for the game. However, he can blow hot and cold, temperamentally as well so I’m sure Conte will try to get a grip of him.
“Where will he play? When you are buying him for that amount of money you are assuming he will play, so he will probably be on that right side with Heung-Min Son on the left and Harry Kane through the middle.
“That is quite a strike force if they can harness Richarlison’s abilities.”
Why Richarlison is worth every penny
The man affectionately nicknamed Oh Pombo [Portuguese for ‘the pigeon’] due to his goal celebration has spread his wings.
Richarlison is now a role model to millions in Brazil as the country’s No 9 and is set to fly the nest again. His ascent up the football ladder has no limits.
Spurs in talks over Lenglet loan
Tottenham are in talks over a loan deal for Barcelona defender Clement Lenglet but he is not the club’s only centre-back target this summer.
A move to Spurs has been described as Lenglet’s most likely destination by a source close to negotiations, if the France international is to leave the Nou Camp this summer.
However, an agreement is not yet closed, with the 27-year-old not the only centre-back Spurs are making inquiries about as they look to add a left-footer to the back three.
Atletico make offer to sign Emerson on loan
Atletico Madrid have made an offer to sign Tottenham defender Emerson Royal on a season-long loan.
As it stands, Spurs have no intention of allowing Emerson, who joined last summer from Barcelona for £25.8m, to leave.
Atletico tried to sign him last summer, but he opted to join Spurs instead, signing a five-year contract.
Tottenham’s 2022/23 Premier League fixtures
Tottenham will start their 2022/23 Premier League campaign at home to Southampton on August 6 followed by a trip to London rivals Chelsea on August 13.
Antonio Conte’s side, who finished fourth last season to qualify for the Champions League, faced north London rivals Arsenal at The Emirates on October 1 with the return fixture at the Tottenham Hotspur Stadium on January 14.
The first newly-promoted side Tottenham face is Nottingham Forest at the City Ground on August 27 and that is followed by a midweek evening trip to London rivals West Ham on August 30.
Tottenham’s final game before the season pauses for the winter World Cup in Qatar will be at home to Leeds on November 12, with Spurs returning to Premier League action on Boxing Day at Brentford.
Tottenham face back-to-back London derbies at home in the second half of the season as they host West Ham on February 18 and then Chelsea on February 25.
Follow the summer transfer window with Sky Sports
Who will be on the move this summer before the transfer window closes at 11pm on September 1?
Keep up-to-date with all the latest transfer news and rumors in our dedicated Transfer Center blog on Sky Sports’ digital platforms. You can also catch up with the ins, outs and analysis on Sky Sports News.