LONDON (AP)—Xabi Alonso is on the verge of becoming the latest big-money addition to Real Madrid.

Liverpool reached an agreement on Tuesday to sell the 27-year-old midfielder to the Spanish power, subject to a physical. Though neither club disclosed financial details, Spanish media reported a transfer fee of 30 million euros ($43.2 million) had been agreed to. That would raise Madrid’s offseason spending to $350 million for six players.

Since Florentino Perez regained the club presidency in June, Real Madrid has acquired midfielder Cristiano Ronaldo from Manchester United for 80 million pounds ($131 million), midfielder Kaka from AC Milan for 65 million euros ($92 million), forward Karim Benzema from Lyon for 35 million euros ($57.4 million), defender Raul Albiol from Valencia for 15 million euros ($21 million) and defender Alvaro Arbeloa from Liverpool for 3.5 million pounds ($5.7 million).

Ronaldo is the reigning FIFA player of the year and Kaka was the 2007 FIFA player of the year.

Real Madrid finished second in the Spanish league last season at 25-10-3, nine points behind Barcelona. Real Madrid is about to start a two-game North American exhibition tour, playing at Toronto FC on Friday and against D.C. United on Sunday at Landover, Md., ahead of its league opener against Deportivo La Coruna on Aug. 29 or 30.