Liverpool have agreed a British transfer record fee of £125m to sign striker Alexander Isak from Newcastle United.
Sources close to the deal have told Sport that an agreement for the Sweden international to move to Anfield is now in place.
Newcastle sources claim the deal could be worth as much as £130m with add-ons.
Isak is expected to have a medical on Monday before signing a six-year contract.
Liverpool had an original £110m offer rejected in August but are now set to land their first-choice target of the summer.
The protracted saga involving the 25-year-old appears set to come to an end on the final day of the transfer window, and it follows Newcastle having signed striker Nick Woltemade from Stuttgart last week.
Liverpool have already broken their club transfer record this summer by signing Germany attacking midfielder Florian Wirtz in a deal worth an initial £100m, with a further £16m in add-ons.
Isak’s arrival would top that outlay. After also bringing in Hugo Ekitike, Milos Kerkez, Jeremie Frimpong, Giorgi Mamardashvili, Armin Pecsi and Giovanni Leoni, the deal would take the club’s spending to about £416.2m without add-on fees – the highest total in Premier League history.
It is only the second time that an English side has shelled out more than £400m in a single summer, following Chelsea’s £401.2m outlay in 2023.
Liverpool could still add to the spree, with the Reds working on a deal to sign England defender Marc Guehi from Crystal Palace.
Meanwhile, the departures of Luis Diaz, Darwin Nunez, Jarell Quansah, Caoimhin Kelleher, Trent Alexander-Arnold, Tyler Morton and Ben Doak have recouped an initial amount of about £190m.