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Iborra is set to sign the contract with the Foxes after passing a medical.
Sevilla on Tuesday announced that it has reached an agreement with Leicester City for the transfer of midfielder Vicente Iborra to the English side.
The Andalusian club confirmed the transfer of the 29-year-old Spaniard on its Twitter account in a move believed to be worth over $15 million, reports Efe.
Iborra is set to sign the contract with the Foxes after passing a medical.
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Once a deal is concluded, the midfielder will be allowed to return to Sevilla to bid a public farewell to fans after four seasons with the team.
Iborra won three UEFA Europa League titles and scored 30 goals in 172 matches with the La Liga side.
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