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Liverpool head coach Arne Slot and sporting director Richard Hughes.(Image: John Powell/Liverpool FC via Getty Images)

Liverpool are closing in on their fifth signing of the summer after agreeing a £40m deal with AFC Bournemouth for Milos Kerkez.

The Reds completed the club-record signing of Florian Wirtz last week, having already brought in Jeremie Frimpong and Armin Pecsi earlier in the window.

Having also agreed a £29m deal with Valencia last year for goalkeeper Giorgi Marmardashvili, the Georgia international will complete his move to Anfield this summer.

Kerkez will become the latest arrival at Anfield, with the Hungary international set to undergo a medical with the Reds on Monday.

The left-back is set to sign a five-year-contract and could be announced as a Liverpool player on Tuesday.

READ MORE:Liverpool defender undergoing medical ahead of permanent transferREAD MORE:Milos Kerkez Liverpool transfer latest as medical date confirmed before £40m move

The Reds are expected to still be in active in their efforts to strengthen Arne Slot's squad following the arrival of Kerkez.

They are likely to pursue a new centre-forward, with Darwin Nunez tipped to move on, while Marc Guehi is a confirmed player of interest as they weigh up their centre-back options.

Trent Alexander-Arnold and Caoimhin Kelleher have already completed exits away from Anfield, departing for Real Madrid and Brentford, while Vitezslav Jaros has signed for Ajax on loan.

Meanwhile, seven youngsters were confirmed to be leaving at the end of their contracts when the club confirmed its retained list.

But further players are expected to make Reds exits this summer.

Liverpool have agreed a deal worth £35m for Jarell Quansah to join Bayer Leverkusen, while Nat Phillips is currently undergoing a medical ahead of a permanent move to West Bromwich Albion.

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With the transfer window now open until 11pm on Monday 1 September, there will still be plenty more twists and turns for the Reds over the summer months as sporting director Richard Hughes continues to work hard behind the scenes.

And with a number of fresh deals now close to completion, the ECHO takes a closer look at all the transfers already completed by Liverpool so far this summer…

Giorgi Mamardashvili - £29m (including add-ons), from Valencia

Jeremie Frimpong - £29m, from Bayer Leverkusen

Armin Pecsi - £1.5m (including add-ons), from Puskas Akademia

Florian Wirtz - £116m (including add-ons), from Bayer Leverkusen

Trent Alexander-Arnold - £8.4m, to Real Madrid

Caoimhin Kelleher - £18m (including add-ons), to Brentford

Vitezslav Jaros - Loan, to Ajax

Jakub Orjzynski - End of contract

Dominic Corness - End of contract

Reece Trueman - End of contract

Lee Jonas - End of contract

Louis Enahoro-Marcus - End of contract

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Harry Evers - End of contract

Jacob Poytress - End of contract