One of Borja Baston’s 18 La Liga goals for Eibar came against Barcelona at the Nou Camp

Spanish striker Borja Baston is having his Swansea City medical before a proposed a £15m club record transfer.

The 23-year-old Atletico Madrid forward, who scored 18 La Liga goals on loan at Eibar last season, is set sign a four-year deal at the Welsh club.

The Swans have already signed fellow Spaniard and World Cup winner Fernando Llorente from Sevilla as they look to replace West Ham-bound Andre Ayew.

Swansea’s previous record fee was the £12m paid for Wilfried Bony in 2013.

“I was happy with the squad before but I am more happy now because, with Fernando Llorente and Borja Baston, I think we have signed two good players, two very important players,” said Swans head coach Francesco Guidolin.

Borja is an Atletico youth product but has made only one senior league appearance for the Spanish club.

Swansea want striking reinforcements following the summer departures of forwards Alberto Paloschi, Eder, Bafetimbi Gomis and the impending exit of Ayew.

Borja is set to become Swansea’s fifth summer signing following Spanish striker Fernando Llorente, Dutch defender Mike van der Hoorn, Dutch winger Leroy Fer and Australian keeper Mark Birighitti.

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Claudio Ranieri and goalkeeper Kasper Schmeichel have both extended their deals with the title winners

Leicester City manager Claudio Ranieri has signed a new four-year contract with the Premier League champions.

The Italian, 64, led the Foxes to their first top-flight title in his first season with the club.

Ranieri joins key players Kasper Schmeichel, Wes Morgan and Jamie Vardy in extending his contract.

“The energy that exists here – from the owners and the staff, to the players and supporters – is something very special,” he told the club website.