Ricky van Wolfswinkel will be the 'first signing' of the new Kenny Dalglish reign at Anfield, according to Metro.
The FC Utrecht frontman is one of the hottest prospects in Dutch football and has hit the ground running this year with 11 strikes in 17 starts; adding to his tally of 10 goals last season in his debut campaign at the Stadion Galgenwaard.
It had initially been reported by talkSPORT last month that Liverpool had made a formal bid for the 21-year-old and now Metro suggests that, despite competition from Napoli, a deal could soon be concluded.
During his brief tenure at Liverpool, Roy Hodgson was adamant the club needed to bring in attacking reinforcements during the January transfer window and Reds owners New England Sports Ventures look likely to heed his advice - albeit too late for the former Fulham boss.
Van Wolfswinkel would certainly provide Liverpool with the added potency they so crave in the pursuit of Premier League salvation and could make for a dynamic partner for Anfield star Fernando Torres.
The Spaniard has failed to hit the previous heights he enjoyed with Liverpool in the seasons preceding this and is likely to benefit from having the goalscoring burden removed from his shoulders.
But temporary Liverpool boss Dalglish believes the 26-year-old will soon be back to his sensational best.
"Fernando Torres has got a magic wand. We have great aims to build on and it is up to us to get him going," said Dalglish after Liverpool lost to Manchester United in the FA Cup.
"He wants to do it, you can see he wants to do it, and we'll get him going sooner rather than later."