Atletico Madrid club president is close to completing a move for Sassuolo's Croatia international defender Sime Vrsaljko.
Vrsaljko has been heavily linked with a move to La Liga after impressing in Serie A last season, and continuing his good form at Euro 2016.
Naturally right-footed, Vrsaljko spent much of last season operating at left-back for Eusebio Di Francesco's side.
However, the 24-year-old can play across the back line and is touted as the long-term replacement for Juanfran at the Vicente Calderon.
"Yesterday he had a medical and I imagine he'll be ready to come and play next season," Cerezo is quoted as saying by AS.
"I'll have to learn his name [though], as I still don't speak Croatian."
After being named as a substitute in Croatia's opening two Group D games at Euro 2016, Vrsaljko was handed a start in the 2-1 victory over Spain that secured Ante Cacic's side top spot and a last-16 tie with Portugal.
‘I’ll never say never to managing my country, but I’m really happy now. As long as they’re not competing against the USA, I’ll always cheer on the Lionesses’: Emma Hayes on career future
‘Scoring five goals in nine minutes is an epic thing. Someone cleared another chance off the line and I was a bit angry afterwards – I could have had six!’: Robert Lewandowski bemoans failing to hit double hat-trick while at Bayern Munich
