(CNN) -- Tottenham Hotspur have clinched the signing of midfielder Wilson Palacios from Wigan in a transfer reported to be worth £14 million ($19.77 million)
Palacios has impressed with his all-action displays in the Wigan midfield this season.
The deal for the 24-year-old is subject to the Honduran international receiving a work permit.
A statement on Tottenham's official club Web site confirmed: "We are delighted to announce that we have reached agreement for the transfer of Wilson Palacios from Wigan Athletic."
Personal terms have been agreed and a medical completed, we now await the Honduran international receiving his work permit before completing his registration."
Palacios has impressed since joining Wigan 12 months ago, having previously been on loan at manager Steve Bruce's former club Birmingham.
Bruce said he had tried his best to hang on to Palacios, who has also attracted the attention of other top clubs.
"The club record transfer fee will be smashed if the deal goes through, but that was never mine or the club's motivation here," Bruce told the Press Association.
"We did everything we could as a club to keep Wilson. We sat down with him last week and offered him a very good new deal, and tried to convince him his interests were best served by staying here at Wigan."
Palacios will be Tottenham's second acquisition in the January transfer window having re-signed striker Jermain Defoe from Portsmouth earlier this month.
Manager Harry Redknapp said he needs to strengthen his squad as they attempt to pull away from the lower reaches of the Premier League.