Liverpool have agreed personal terms with Victor Valdes and will announce the permanent signing of the free agent after he passes a medical, scheduled to be undertaken during the international break.
The 32-year-old has been without a club since leaving Barcelona in the summer following the breakdown of his proposed switch to Ligue 1 giants AS Monaco, after the goalkeeper suffered a cruciate knee ligament injury earlier this year.
According to Goal.com, the Spain international has already finalised negotiations regarding a prospective move to Anfield, and now needs only to prove his fitness in order to earn himself a two-year deal on Merseyside.
Competition for places
Reds boss Brendan Rodgers is keen to add competition for current No.1 Simon Mignolet, who has been criticised by some Liverpool supporters after a series of uninspiring performances between the sticks.
Valdes will be expected to oust the Belgium international, given his proven pedigree following a successful spell at one of Europe's most illustrious clubs, as long as he can make a full recovery from the career threatening injury picked up in March.
Now in the latter stages of his rehabilitation the Spanish stopper is close to a full return to fitness and his representatives are confident he will be able to pass all the necessary medical tests before Liverpool's next Premier League match against Queens Park Rangers.
Rodgers remains the favourite to secure the three-time Champions League and six-time La Liga winner's signature, but there's no stopping a rival suitor making a last ditch bid of their own.
However, after extensive talks with the English giants it appears that Merseyside is Valdes's preferred destination, which should excite Liverpool fans in the build-up to another high-profile signing.
Reds fans certainly need more reasons to be optimistic following a disappointing start to the 2014/15 campaign. With the club currently languishing in a lowly ninth place in the Premier League table it already looks like a difficult task emulating the over-achieving success of last season.
Rodgers took Liverpool to a surprise second place finish behind eventual champions Manchester City in 2013/14, but that was largely thanks to the exploits of former striker Luis Suarez.
The Uruguayan marksman left Anfield during the summer to sign for Valdes's former club Barcelona in a £75 million deal after the World Cup, and despite replacing him with a number of attack-minded players they've so far struggled to maintain their high level of performance.