Liverpool have reached agreement with Blackpool over a fee for the transfer of long-term target Charlie Adam.
Reds boss Kenny Dalglish has been pursuing the 25-year-old Scotland international for a number of months having failed with two bids for the midfielder in the January transfer window.
A statement on the club's official website read, "Liverpool Football Club today announced they have reached agreement with Blackpool for the transfer of Charlie Adam.
"The player will now travel to Merseyside for a medical to discuss personal terms."
Following the Seasiders' relegation from the Barclays Premier League, Adam made clear his intention to remain in the top-flight - a notion that has attracted attention from a number of rival clubs.
With Tottenham Hotspur the only other side to have made a firm offer for the talented playmaker's services, but still falling short of Blackpool's £9million valuation of their sought-after captain.
The path now appears clear for Liverpool to begin contract talks with a view to finalising a deal that will see Adam become the second confirmed Anfield signing this summer after the arrival of Jordan Henderson from Sunderland for an initial £16million.