The Serbian will be a £9m addition to Chelsea rearguard and is expected to sign a £40k a week, four and a half year deal from Locomotive Moscow.
Chelsea will look to off-load Israel centre-back Ben Tal-Haim as soon as Ivanoic's work permit is sorted out.
Spurs is the expected destination for the former Bolton Wanderers man.
It's believed an £8m offer is on the table and Chelsea will snap the hands off the north London side.