Malky Mackay has admitted things are at a delicate stage in negotiations with Etienne Capoue
"Ourselves and Toulouse have come to an agreement," Mackay confirmed.
"We've got to then have the conversation with Etienne and his advisors, they've been very professional in terms of what they're talking about as well.
"We've been in constant dialogue with them in the last week and Toulouse have been excellent to deal with.
"It's pretty delicate at the moment. We're in discussions and negotiations but it's something that's ongoing."
The 25 year old French international midfielder is thought to fancy a move to Spain but so far only Cardiff have matched the valuation set by Toulouse.
Capoue played and scored for Toulouse last night in a friendly win.
Can Malky get his man?
Footage of Capoue: