Liverpool have agreed a deal to sign midfielder Thiago Alcantara from Bayern Munich for at least £20m, plus £5m in add-ons, on a four-year contract.
Thiago, 29, joined the German giants from Barcelona in 2013 and played in last season’s Champions League final victory over Paris St-Germain.
Thiago would be the Premier League champions’ second summer signing, after Greece left-back Kostas Tsimikas.
The £20m will be paid over the length of Thiago’s contract and the extra £5m will depend on the Reds winning the Premier League and Champions League success.
When asked about a potential move for the Spaniard last week, Liverpool manager Jurgen Klopp said: “I cannot end speculation as long as the transfer window is open.
“It is nice that we are linked with him but that is pretty much it really. It is because he is a good player and Liverpool is a big club, so that is nice.”
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