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Cardiff and Stoke appear to have lost out in the race to sign Nelson Oliveira, who is set for Rennes.
Newcomers Cardiff were eager to sign the attacker as they prepare for their first season in the Premier League.
Stoke were keen on the Portugal international as well, but it looks as though Rennes have clinched a deal.
The Ligue 1 side have offered the 21-year-old the best terms on offer and a season-long loan deal from Benfica is expected to be finalised soon.
Oliveira spent last season on loan at Deportivo La Coruna and scored four goals in 30 La Liga appearances.