Premier League side Wolves have finalised a deal to sell 14-year-old academy defender Harvey Owen to Liverpool for 800,000.
The talented teenager had been at Wolves since the age of seven, but is now departing.
He will sign for Liverpool's academy at the tender age of 14, having hugely impressed at youth level.
Wolves are bitterly disappointed to lose such a talent, but were realistic about their options.
The fee they will receive is higher than any compensation Liverpool would have been ordered to pay them.
Speaking about Owen, Wolves academy coach Wes Hughes told the club's website in October: "Harvey was introduced to the group last year as a 13-year-old playing in the under-15s youth cup. The boys went on and did quite well in the competition and got to the semi-final Harvey was a part of that journey and the boys really took to him as a younger player.
He's a right-footed player who likes to play on the left side at the back whether that's in a back three or a back four. He's come on leaps and bounds in terms of his football. We truly believe if he can overcome some difficulties and embrace some of the adversity, he can surprise a few.