Brighton have accepted a British record offer from Liverpool for Moises Caicedo.
BBC Sport says the Seagulls have accepted a 111m bid from the Reds this morning for the Ecuador midfielder.
It's claimed Caicedo is now set to travel to Merseyside for his Liverpool medical.
Chelsea remain interested, but must match Liverpool's offer to land Caicedo, who favours the Londoners over the Reds.
The fee agreed for Caicedo exceeds the 107m Chelsea paid for Argentina midfielder Enzo Fernandez earlier this year.
Driving the deal has been Liverpool chief exec Billy Hogan, who has been working on the transfer for some weeks.