SAN SEBASTIAN, Spain, June 5 (Reuters) - Real Sociedad said on Monday that they had verbal agreements with both Galatasaray and Arif Erdem for the Turkish international midfielder to move to the Spanish first division club.

Erdem, 26, has 34 caps to his name and is key component of of Turkey's Euro 2000 squad.

'Absolutely nothing is signed at the moment but we hope that in the next few days that the verbal agreement is turned into something more solid,' a Real Sociedad spokesman told Spanish reporters.

The spokesman added that a three-year contract had been agreed, subject to Erdem passing a medical.

Turkish media reports earlier on Monday said the transfer fee would be $3.7million (£2.45m).

Erdem was part of the Galatasaray side that won the UEFA Cup last month, the first time that a Turkish club had won a European club competition.

He scored three goals in just four minutes - one of the fastest ever hat-tricks in an international fixture - against Northern Ireland in the Euro 2000 qualifiers.

Erdem will join fellow Turkish international Tayfun Korkut at Real Sociedad.