Genk have confirmed that they are in talks with Chelsea over the signing of Kevin De Bruyne.
The Belgian club's director of sport, Dirk Degraen, is thought to have been in London to discuss a potential £8m transfer for the winger.
"Dirk Degraen is in London and the expectation is that [the transfer] will be finished this week," a Genk spokesman said.
"The assumption is that Kevin de Bruyne will be transferred to Chelsea and then will finish the season [on loan] at Genk."
The Premier League side had a bid rejected for De Bruyne over the summer.