Guti, who has been with Real Madrid since 1994, is expected to announce his departure from the Bernabeau.
President Jorge Valdano has organised a press conference for 1pm today, where Guti will confirm that he will be transferring to Turkish club Besiktas.
Guti, who has 14 caps for Spain, has played over 500 times for Madrid, but along with Raul has been deemed surplus to requirements by new coach Jose Mourinho.
Besiktas are currently managed by former Real boss Bernd Schuster.
