Bayern Munich have confirmed that Liverpool have agreed a deal to sign Thiago Alcantara.
The Premier League champions are closing in on a move for the 29-year-old after agreeing a €30 million (£27.2m) fee with Bayern Munich.
Liverpool had initially refused to meet Bayern’s asking price but it’s understood that both parties overcame that hurdle by agreeing for the deal to be paid in increments over a four-year period.
Thiago, meanwhile, has agreed a four-year contract with Jurgen Klopp’s side and will wear the No.6 shirt once he completes his move to Anfield.
‘I can confirm that FC Bayern have finally reached an agreement with Liverpool,’ Bayern’s CEO Karl-Heinz Rummenigge told Bild on Thursday.
‘It was Thiago’s great wish to do something new at the end of his career.’
Jurgen Klopp is a huge admirer of Thiago, who won seven Bundesliga titles and the Champions league during his seven-year stint at Bayern.
The Spain international has also attracted interest from Manchester United this summer, but Ole Gunnar Solskjaer’s side were put off a deal due to the midfielder’s wage demands.
According to reports, Thiago is due to undergo a medical with Liverpool on Thursday but will be not signed in time to make his debut against Chelsea on Sunday.