Liverpool have agreed a £25m fee to sign Thiago Alcantara from Bayern Munich.
The clubs have been in discussions since the start of the week, but the midfielder’s desire to work under Jurgen Klopp at Anfield has long been known.
The Independent understands that a £20m guaranteed fee will be paid over the course of Thiago’s four-year contract, while an additional £5m can be earned via performance-based bonuses, such as winning the Premier League or Champions League.
The 29-year-old is in the final year of his contract with the Bundesliga champions and declined a lucrative extension in search of a new challenge.
Liverpool have been patient in their pursuit of Thiago. Klopp wanted to shed numbers in midfield before making a concrete move for the player, but decided the recruitment process couldn’t be placed on hold any longer given his world-class status.
Liverpool will look to trim the squad before the close of the window, but Gini Wijnaldum – wanted by Ronald Koeman at Barcelona – is expected to remain on Merseyside and see out his deal as things stand.
Thiago will provide Liverpool with greater dimension to their play, offering the opportunity to build centrally instead of primarily from the full-backs.
The transfer could be completed by the weekend with all parties after a speedy conclusion.