Carlos Tevez
Striker Tevez is desperate to move to Old Trafford
West Ham and Carlos Tevez's advisors will confirm on Friday that they have reached an agreement over the striker's registration, Five Live understands.
With the threat of High Court action on 22 August hanging over negotiations, talks have been ongoing this week.
BBC Five Live's Nigel Adderley said: "A settlement has been reached, and that could be ratified by the Premier League and Football Association on Friday."
It is thought Tevez's advisors MSI will pay West Ham between £1m and £3m.
That will free the 23-year-old Argentine to complete a move to Manchester United, whose manager Sir Alex Ferguson has made no secret of his desire to sign the player.
Tevez's switch to United had stalled over who will be paid the transfer fee.
606: DEBATE
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The Premier League and West Ham say the Hammers should receive the fee but Kia Joorabchian's companies MSI and Just Sports Inc claim they own the striker's economic rights.
Adderley explained: "West Ham need to reach a settlement which proves to the Premier League they are the significant beneficiaries of any transfer involving Tevez."
Tevez, meanwhile, has said he expects to join United, adding: "To play for a super-club like Manchester United without any pre-season work behind me is going to be a real handicap."