KEPA TO THE RESCUE??
The Addicks are desperate to bolster the firepower upfront and sky sports are reporting a deal is imminent.
The 22-year-old striker is a product of Sevilla's youth system but has grown frustrated at his lack of first-team starts.
He started the campaign in excellent style, netting a hat-trick in the 4-0 victory over Levante on the opening day of the Spanish league season.
However, he has since fallen behind the likes of Fredi Kanoute, Luis Fabiano, Javier Chevanton and Alexander Kerzhakov and despite notching four more goals - all in the Uefa Cup - he is now ready to move on to secure regular football.
'At this time, I will be honest, something could well come of the offer we are evaluating,' Blanco stated on Tuesday and it now appears that Charlton will be the team that wins the race for his signature.
Manchester City and Everton, as well as a host of French clubs, are also reported to be vying for the powerful forward, but having settled on a move to The Premiership, The Valley seems almost certain to be his destination.
Blanco will move on loan for the remainder of the season with an option to make the move permanent in the summer should both parties consent.
The Spaniard would have preferred to secure a permanent transfer immediately, but conceded that the current state of the transfer market made that almost impossible.
'My priority was not to go on loan, but it is difficult for someone to pay an important fee in these times,' he added.
Addicks boss Alan Pardew is desperate to bolster his side's firepower and, having missed out on Arsenal's Anthony Stokes, clearly sees Blanco as the man to help his relegation-threatened outfit.