كتب : Omar AbdelAziz
BBC and Sky Sports News revealed that an £18million transfer fee has been agreed between the Premiership rivals, but the forward's personal terms are yet to be completed.
Santa Cruz has been tipped to leave Ewood Park since the start of 2008, as it was regularly suggested that Mark Hughes is keen on his signature.
Hughes, who initially signed the Paraguay ace from Bayern Munich when he was in charge of Rovers, is looking to add more strikers to his squad this summer.
City already boast a massive number of strikers, but the oil-rich club are often looking to spend more.