Nottingham Forest's January transfer target, George Boyd, is poised to sign with Crystal Palace.
The Peterborough midfielder is now in talks with the Eagles over personal terms after the two clubs agreed a fee.
Posh chairman, Darragh MacAnthony, took to twitter to break the news, he said: "We have agreed terms with Crystal Palace for the transfer of George Boyd tonight. The player will now talk terms with Palace."
Forest had been monitoring Boyd during the January window but their bid for the winger didn't meet Peterborough's asking price.
The sum was labelled 'derisory' by Posh's chairman and he has told Forest fans on Twitter that no additional offer had been made despite Alex McLeish's interest in the player.
He said: "To the NFFC fans asking me if you're back in for George, your manager is desperate to land him but no new offer was forthcoming.
"Many clubs have made bids which in truth were verging on taking the mick, however CP have backed their manager & met our terms today."
We have agreed terms with Crystal Palace for the transfer of George Boyd tonight. The player will now talk terms with Palace.
— Darragh MacAnthony (@DMAC102) January 29, 2013
To the NFFC fans asking me if you back in for George; Your manager is desperate to land him but no new offer was forthcoming.
— Darragh MacAnthony (@DMAC102) January 29, 2013