UPDATE, Wednesday, July 24, 2013, 2:50 p.m. ET
The medicals are done, and Higuain and Reina will be unveiled as Napoli players Monday, per The Guardian.
END OF UPDATE
Napoli have agreed to a €37 million fee for the transfer of Argentine striker Gonzalo Higuain from Real Madrid, according to Wayne Veysey of Goal.com.
Higuain, 25, has been linked with a move away from Real Madrid all summer, with Arsenal reportedly showing interest, via Simon Johnson of The Independent. The Argentine scored 16 league goals last season in 28 appearances.
According to Veysey, the final, unresolved issue in the deal is Higuain's personal image rights. In another article for Goal.com, Veysey reported that Higuain will earn £140,000 per week in a five-year deal.
Meanwhile, Sky Sports is reporting that both Higuain and Liverpool goalkeeper Pepe Reina are set to undergo medicals ahead of joining Napoli.
On Tuesday, Sergio Gomez of the Spanish paper Diario AS reported similar figures, claiming an announcement was expected soon.