Kwadwo Baah is currently having a medical at Watford ahead of a proposed move from League One side Rochdale.
Baah is out of contract in the summer so Watford would only be required to pay compensation for the player.
Sky Sports News understands Watford have tabled a £125k bid for the 18-year-old, who was previously in Crystal Palace’s academy.
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Baah is considered to be a very highly-rated attacking midfielder or striker that has made huge strides forward under Rochdale boss Brian Barry-Murphy this season.
He has been linked with a number of Premier League clubs and came close to joining Manchester City in January.
Other clubs are understood to be monitoring the player’s situation but Watford have emerged as the frontrunners to sign the teenager.
Should the deal be completed, he would become Watford’s first signing since the club secured promotion back to the Premier League last weekend.
EFL podcast: Watford join Norwich in Premier League
Jonathan Oakes was joined by Andy Hinchcliffe and David Prutton to discuss a huge weekend of action across the Sky Bet EFL.
Watford joined Norwich in sealing promotion in the Championship, while the relegation battle rumbles on with Derby, Sheffield Wednesday and Rotherham all in real jeopardy.
In League One, Hull enjoyed promotion over the weekend, while Swindon and Bristol Rovers saw their relegations confirmed.
The panel also assess all the weekend’s League Two action, and we hear from Huddersfield’s Fraizer Campbell in Ten To Tackle.
Listen to the EFL podcast here.
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