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Liverpool and Eintracht Frankfurt have reached a total agreement in principle over a deal for Hugo Ekitike worth £79m (€91.5m).
The deal is made up of a guaranteed initial fee of £69m (€80m) plus £10m (€12.5m) in add-ons.
It is understood the add-ons require success from both the player and the club in order to be met in full.
Ekitike is expected to fly into the northwest for a medical later this week.
Liverpool made their move for Ekitike earlier this week after being told Newcastle's Alexander Isak is not for sale.
Ekitike is open to a Premier League move and Liverpool would be his preferred destination, after Newcastle had an offer rejected.
The 23-year-old was an unused substitute during his side's pre-season game against FSV Frankfurt on Saturday.
After the game, Frankfurt boss, quoted by Sky Germany, said Ekitike's potential departure is "a bitter loss".
Also See:
Ekitike scored 22 goals in 48 games across all competitions last season for Frankfurt as he helped them qualify for the Champions League.
More to follow.
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Ekitike ready for the next step after Bundesliga breakthrough
Sky Sports' Adam Bate:
When Hugo Ekitike was still a teenager at Stade Reims, the coaching staff prepared a development plan for him.
Take a look at all of Hugo Ekitike's goals and assists from the 2024/25 season as Liverpool and Newcastle step up interest in signing the striker from Eintracht Frankfurt.
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