The La Liga outfit’s president Jokin Aperribay is currently in the English capital to finalise a deal and despite no official announcement as of yet, a reported agreement has been reached between the clubs.
The 27-year-old came through the ranks at Real Madrid and made a total of 67 appearances for the Champions League holders over an eight-year spell.
Florentino Perez’s arrival as new Madrid president and a return to the Galactico era pushed Granero towards the exit door where a number of clubs were reportedly keen.
As it was, QPR surprisingly won the race for his signature and a headline-making £9million deal was reached in the summer of 2012.
The former Spanish U21 international’s debut season in West London, however, was ill-fated as a number of big-name players failed to click under then-boss Mark Hughes and later Harry Redknapp with the Loftus Road outfit eventually suffering relegation from the Premier League.
On big wages and unsettled, Granero immediately returned to Spain on a season-long loan deal with Real Sociedad and despite making just four appearances due to injury, his attitude has ultimately left an impression.
The Basque side are said to have offered him a four-year deal and boss Jagoba Arraste appears keen to have him ready in time for the club’s upcoming pre-season schedule.