Liverpool have reportedly agreed a fee off £8.5 million with QPR to sign French striker Loic Remy.
The 27-year-old was loaned out to Newcastle from QPR last season and scored 14 goals in 24 appearances for the Toon, helping them to finish tenth in the Premier League.
Arsenal rumours cooled
The bid from Liverpool may come as a shock to some as Remy was heavily linked with a move to Arsenal earlier this year after the striker was seen watching Arsenal at the Emirates Stadium.
More recently, however, rumours regarding a potential move to North London have cooled down considerably.
The French international will be Liverpool's fifth signing of the summer, with Brendan Rodgers having already completed deals for Rickie Lambert, Emre Can, Adam Lallana and Lazar Markovic.
Liverpool have been looking for a new striker since star man Luis Suarez signed for Spanish giants Barcelona for a fee of £75 million earlier this month.
The arrival of Remy to Liverpool is likely to coincide with the departure of Fabio Borini, after Liverpool accepted a £14 million offer for the Italian forward from Sunderland.
Borini spent last season on loan with the Black Cats, scoring seven goals in 25 appearances.
Remy, meanwhile, was part of the France squad that reached the quarter-finals of the 2014 World Cup in Brazil. He made two appearances at the tournament as a substitute.