The deal, which has been agreed upon, includes an initial loan period with an option for Bournemouth to purchase Jimenez's contract. The player's salary will also be covered by the club.
According to reports, AC Milan has verbally agreed to the conditions of the loan, and the next steps will involve medical checks and formal paperwork within the next 24 hours.
Real Madrid, who have a buy-back clause for Jimenez, have also given their approval for the deal to proceed.
