It's set. Real Madrid are about to sign Javier 'Chicharito' Hernández to be Karim Benzema's backup. Although both Manchester United and Real Madrid still have to decide whether Hernández will join los blancos permanently or in a loan deal, Benzema will finally have a backup striker this season. Several articles coming from Spain first reported the deal, and sources within Real Madrid confirmed it.
He's not what some fans were expecting—Falcao—, but he's definitely a decent backup who knows his role and plays hard whenever he's given the chance. That's why the coaching staff and the board trust him to fill Benzema's shoes and provide another attacking style whenever the French isn't available. Ancelotti did not want to sign Falcao as he thought that Karim Benzema was going to be his undisputed starter, that's why the Italian coach preferred a striker aware of his role.
'Chicharito' should be presented at the Bernabéu this Monday after a medical, and whether Real Madrid will make one more signing—this time for the midfield—remains to be seen.