Lallana enjoyed a superb 2013/14 Premier League campaign with Southampton, and his form helped earn him a call up for England's failed World Cup campaign in Brazil.
That form also caught the attention of Liverpool boss Brendan Rodgers who tried to get the deal done before the World Cup but failed to do so as Southampton halted any moves while they looked for a new manager.
With Ronald Koeman in charge at St. Mary's it looks as though Lallana's switch to Liverpool has been given the green light, with the midfielder set to complete his transfer in the coming days.
According to the Sun, the move will set Liverpool back around £25 million, along with £100,000-per-week in wages over five years. That means the deal will cost Liverpool an eye-watering £51 million in both wages and fees.
The 26-year-old will become Liverpool's third major signing of the summer, with Rickie Lambert and Emre Can already on board. That doesn't look like being Liverpool's final deal of the summer either, with moves for Benfica's Lazar Markovic as well as Belgian ace Divock Origi on the cards.
Fend off interest
While Liverpool are looking to bring in new faces ahead of their first season back in the Champions League, they still face a fight to keep hold of striker Luis Suarez. The Uruguayan, who will miss the start of the next season after being banned for four months for biting Giorgio Chiellini at the World Cup, is still attracting interest from Barcelona and Real Madrid.