Liverpool manager Brendan Rodgers is on course to make his fourth signing of the summer with Benfica winger Lazar Markovic likely have a medical later this week.
With the £75m transfer of Luis Suarez to Barcelona continuing over the next few days, the Reds boss is pressing ahead with his summer strengthening plans.
While Liverpool have given up hope of persuading Chile forward Alexis Sanchez to move from the Nou Camp as a makeweight in the Suarez deal, it is understood 20-year-old Serbian Markovic is set to arrive on Merseyside before the end of the week as the finishing touches are put to a £20m switch.
If there are no last-minute hitches the signing of Markovic would take the club's spending since the end of the season close to £60m with further additions still expected.
Rodgers has already brought in Bayer Leverkusen midfielder Emre Can and England internationals Rickie Lambert and Adam Lallana.
The Reds boss is keen to do a deal for the Southampton duo's team-mate Dejan Lovren, who has effectively said he will not play for the English south-coast club again.
Liverpool have already had one bid rejected for the Croatia international, whom Saints rate at £25m, which is way above the Merseysiders' valuation.
They are also closing in on a deal for Lille's Belgian World Cup striker Divock Origi, although the 19-year-old could be loaned back to his current club after the completion of a transfer worth up to £10m.
Rodgers is also looking to bolster the left-back slot with interest in Sevilla's Alberto Moreno not yet dead, despite the Spanish club holding out for £20m after turning down a Reds bid of £16m.