Darwin Nunez is set to undergo a medical at Liverpool on Monday after the Reds agreed a club record deal with Benfica.
Liverpool will pay £64m upfront with performance-related add-ons taking the eventual package beyond Virgil van Dijk’s £75m cost.
talkSPORT understands Nunez has already agreed personal terms and is currently in Spain awaiting a trip to Merseyside.
The duration of the contract is expected to be approximately six years.
Nunez impressed for Benfica last season, scoring 34 goals in 41 appearances in all competitions.
That included two against Liverpool in the Champions League quarter-finals, which made him one of the most in-demand strikers in Europe this summer.
Manchester United were also keen to sign the 22-year-old but were unwilling to get involved in a bidding war.
The signing of the Uruguay international also looks likely to pave the way for Sadio Mane to join Bayern Munich.
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Liverpool are believed to be holding around £40million for the Senegal international.
So far, two offers have been turned down by the Reds. The former is worth £25m and the latter £30m.
Nunez’ transfer is likely to have a huge domino effect across Europe involving some of the top clubs.
With Mane heading to Bayern as a replacement for Robert Lewandowski, the Polish striker may join Barcelona, who will then want to offload Frenkie de Jong to Manchester United.
It’s the start of the transfer window, but there are sure to be some blockbuster moves.
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