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The Reds are set to shell out an upfront fee of $136 million (£100 million) for the midfield maestro, with an additional $22 million (£16 million) in achievable add-ons.

Should those conditions be fulfilled, Wirtz will eclipse the record set when Caicedo joined Chelsea two years ago for $156 million (£115 million), with his medical scheduled to take place this week.

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Florian Wirtz is set to complete his move to Liverpool.

Previously, Liverpool had been contenders to sign Caicedo alongside Chelsea and had an offer of $151 million (£111 million) accepted by Brighton and Hove Albion.

However, the talented playmaker chose a move to Stamford Bridge.

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