Liverpool look to have beaten both Manchester United and Arsenal to the signature of Xherdan Shaqiri after Swiss publication Blick reported that the Bayern Munich winger is on the verge of moving to Anfield in a £10 million deal.
According to the Daily Star, the 23-year-old is set to become Brendan Rodgers' first January signing after falling out of first-team favour at the Allianz Arena this term.
Shaqiri has made just 14 appearances in all competitions in 2014/15 and Bayern boss Pep Guardiola is willing to let him leave the Bundesliga champions for the right price.
After joining the Bavarian club from FC Basel in his homeland in 2012, the Switzerland international could now be about to embark on a new adventure in the Premier League, with the Reds set to profit from the strong competition for places in Munich.
Louis van Gaal and Arsene Wenger have both been mooted as admirers of Shaqiri as well, but it looks as though he'll snub the opportunity to go to Old Trafford or the Emirates Stadium in favour of a switch to Merseyside.
Liverpool are currently languishing in eighth place in the Premier League table after a disappointing start to the 20014/15 campaign, but hope that the acquisition of Shaqiri and other reinforcements in the New Year will help improve their chances of qualifying for the Champions League via a top four finish.
After edging past League Two outfit AFC Wimbledon in their FA Cup third round clash at Kingsmeadow last night, things are starting to look up for Rodgers's side at the start of 2015, with a two-legged Capital One Cup semi-final against Chelsea to look forward to later in January.
News of Shaqiri's imminent arrival at Anfield will be a blow to Manchester United and Arsenal supporters, who would surely have loved to see the Swiss star plying his trade at their respective clubs in the New Year.
However, both Van Gaal and Wenger are likely to have other prospective transfer targets up their sleeves between now and the close of the window on February 3.