Liverpool have agreed to make German under-21 international Emre Can their second summer signing in a deal worth £9.75m, subject to documentation that will be ratified when the transfer window is officially reopened on July 1.
Can will join new Reds striker Rickie Lambert in providing genuine competition for places at Anfield next season, as Liverpool boss Brendan Rodgers attempts to build a squad capable of successfully coping with the demands of Champions League football.
The 20-year-old played 39 times in all competitions for Bayer Leverkusen last season, but the Bundesliga giants were powerless to stop Liverpool triggering a €12m release clause in his contract, The Guardian confirmed this morning.
Bayern Munich helped harness the German youth international's talent and inserted a buy-back option in the deal that took him to Leverkusen last year.
Liverpool have been allowed to push ahead with a deal for the midfielder though, after Bayern eventually decided they had no room for their ex-academy starlet and opted not to contest the Premier League switch.
Rodgers has identified Can as a perfect squad player due to his talent, room for progression and versatility, with the youngster also capable of operating at full-back alongside his primary position of midfield anchor.
Leverkusen may be disappointed to lose a key first-team figure but have made a swift profit on a player purchased for just £4.4m last year in a cut-price deal.
Reds fans have every reason to be pleased with quick work in the transfer market from Rodgers this week, securing two important signings before next week's World Cup gets underway.
The pro-active approach from Liverpool chiefs is a sign they want to prove last season's title push against the odds was no flash in the pan, although there is still plenty of work to be done on recruitment before the Reds can be confident of matching Chelsea and Manchester City stride for stride next term.