Liverpool are preparing a late £45 million bid for Porto striker Luis Diaz, who is also being pursued by Tottenham.
The Colombian winger was Jurgen Klopp’s first option for the summer transfer window, but due to Spurs’ significant interest, Liverpool have hastened their preparations.
Liverpool is thought to be proposing an initial £37 million, plus bonuses, which will only be activated if Diaz is a major success at Anfield.
Tottenham has been in discussions with Porto over Diaz, reportedly willing to spend up to £46 million for the player.
Spurs are reportedly willing to pay £37.6 million upfront for Diaz, with an extra £8.4 million in performance-related add-ons, according to reports in Portugal.
Spurs have already appeared to miss out on Wolves attacker Adama Traore, who appears poised to return to Barca on loan, and missing out on Luiz would be another major blow this month.
It is unclear whether Diaz will move to Anfield this month or wait till the end of the season. In 18 outings for his current club this season, he has managed to score 14 goals.
Sky Sports reporter Vinny O’Connor:
“Obviously, it’s far from done and could easily come to nothing.
“However, Liverpool view this as an excellent deal if it gets completed – very much close to a Diogo Jota-type fee. Also, it is far better value than the original €60m asking price.
“Diaz was Jurgen Klopp’s first choice for the summer, but they have brought those plans forward because it was clear if Liverpool didn’t act this window, the player would move on.
“This isn’t done and could yet collapse – the player is in Argentina with his national team, so it will be far from straightforward to complete the deal.
“However, if it does get done, it’s a big coup for Julian Ward, who is to succeed sporting director Michael Edwards in the summer. It was a deal in which Ward lead for the first time, but it is fair to say he’s been supported strongly by Edwards who put together the strategy to secure the player this month.”