Samuel Eto'o was undergoing a medical with Liverpool on Friday afternoon ahead of signing a one-year deal, reports Goal.
The 33-year-old was subjected to late interest from Liverpool's Merseyside rivals Everton, but Roberto Martinez could not do enough to keep Eto'o away from Anfield's clutches. Everton reportedly offered Eto'o a two-year deal, but the lure of Champions League football with Brendan Rodgers's men was too tempting to turn down.
Eto'o reportedly underwent a medical with Liverpool representatives outside of the United Kingdom and is expected to complete his move before the Reds take on Manchester City on Monday night. It is likely that he won't be registered in time to play against Manuel Pellegrini's side.
The Cameroon veteran will join on a free transfer after Jose Mourinho decided against offering him the chance to stay at Chelsea for a second season. Eto'o scored 12 goals for Chelsea after signing from Anzhi Makhachkala last summer but his relationship with Mourinho broke down after the manager joked about his age.
His move to Liverpool signals an end to Eto'o's hopes of signing for Arsenal. The Sun reported earlier this week that the striker would delay a move to Anfield in order to see if Arsene Wenger was interested in signing him.
Eto'o preferred a move to the Emirates Stadium, according to the report, as Olivier Giroud and Yaya Sanogo represented less competition for game time than Daniel Sturridge and Mario Balotelli.
With Giroud and Sanogo failing to impress in the opening games of the season, Gunners fans were hoping to see a new striker in an Arsenal shirt before the window closed.
Wages & Ajax talks
Eto'o has already rejected a move to Ajax after the Eredivisie giants failed to meet his wages demands. West Ham also had to withdraw their interest after the striker refused to lower his asking price. Whether Liverpool have agreed to pay him the reported £135,000-a-week fee is unknown.
Eto'o will likely become a Liverpool player at the same time as Mario Balotelli after the Italian striker flew to England to finalise a £16 million move from AC Milan.