Barcelona and Liverpool have agreed a deal of £142m for the transfer of midfielder, Philippe Coutinho.
The Reds are expected to receive £105m up front – a British record – for the 25-year-old Brazil international, with the rest in realistic add-ons.
The playmaker will sign a five-and-half year deal at the Nou Camp and will have a buyout clause of 400m euros (£355m).
The deal will only be eclipsed by £200m PSG paid Barca for Neymar and Kylian Mbappe £160m to be paid to Monaco next summer by PSG too.
Barcelona have unsettled the Brazilian since they lost Neymar to the French side last August.
He joined Liverpool from Inter Milan for £8.5m in January 2013.
The midfielder was left out of the trip to Dubai where Liverpool are expected to have a warm-weather training.
“In the next hours we will inform you of the details of the player’s arrival and presentation,” the Spanish club said in a statement .
‘A move he was desperate to make’