Heavily coveted Lille striker Gervinho will this week end speculation surrounding his future by announcing which club he will be joining in the summer according to skysports.com.
Liverpool and Arsenal are thought to lead a host of Barclays Premier League clubs said to be interested in the Ligue 1 star, with additional attention stemming from Newcastle United.
Reds boss Kenny Dalglish has already strengthened his forward line with the January arrivals of Andy Carroll and Luis Suarez at Anfield.
However, Liverpool owners Fenway Sports Group are preparing to back Dalglish in the transfer market again this summer as he looks to continue adding to his Merseyside squad, in an attempt to mount a stronger push for the domestic title next season.
Anfield director of football Damien Comolli has run the rule over Gervinho in his native France, and is rumoured to have given the thumbs up for Liverpool to step up their pursuit this summer.
Meanwhile, Arsenal boss Arsene Wenger is also keen to add to his striking options at the Emirates Stadium, with the Gunners prepared to meet the €11million valuation outlined by Lille.
With Nicklas Bendtner's future in doubt, Arsenal may move for Gervinho who could become the perfect foil for the Gunners current strike sensation Robin Van Persie.
But it is now a case of a waiting game for both Arsenal and Liverpool, as they wait to hear on the decision made by the player himself.
"During the week I'll announce my decision so that everyone knows," said Gervinho.
"I love the Premier League, but I have interest from Spain and Germany as well, so let's wait and see."