Liverpool are poised to accept a 70% loss on Sebastian Coates, with Sunderland on the verge of completing a £2million deal for the defender.
SkySports have claimed that the Black Cats are hopeful of completing a signing in the coming days, having enjoyed the services of the Uruguayan international on loan last season.
Kenny Dalglish brought the centre back to Anfield for £7m in the summer of 2011, and there was a great expectation that the former Nacional starlet could replace Jamie Carragher as the rock at the heart of the Liverpool defence.
That never came to fruition however, and the 24-year-old spent time at his former club before joining the Black Cats for a spell at the Stadium of Light. Dick Advocaat's side managed to avoid relegation to the Championship towards the end of the season.
With Brendan Rodgers analysing his side following a disappointing campaign last year, it's not a real surprise to see Coates linked with an Anfield exit. The price though, will be a bitter pill to swallow.
Whilst £5m isn't a massive amount in the grand scheme of things, it does indicate that Liverpool made a mistake recruiting the defender in the first place. On top of that, he's not the only signing to have failed to make an impact on Merseyside in recent times.
Whilst Rodgers didn't bring Coates to the club, he has overseen the signings of Oussama Assaidi, Luis Alberto, Iago Aspas and Mario Balotelli - that's just four who haven't quite lived up to expectations.
The Northern Irishman will be hoping this summer's additions, most notably Roberto Firmino, can hit the ground running at Liverpool. If not, then it won't be long before the pressure mounts on the former Swansea chief.
Liverpool fans, is Coates' departure a great loss? Is it a failing on Rodgers' part? Let us know in the comments box below.