"?Loris Karius will undergo a medical on Merseyside today as he inches closer to sealing a £4.7m switch from 1. FSV Mainz 05, the "?Daily Express report.
Liverpool have been keeping close tabs on the highly-rated shot-stopper for several weeks and they hope he can provide Simon Mignolet with competition.
The Reds have already secured the services of Schalke's towering defender Joel Matip and Red Star Belgrade's wing-wizard Marko Grujic, so Karius is in line to become the third signing of what's scheduled to be a busy summer.
The 22-year-old kept nine clean sheets in 34 Bundesliga appearances this season as he helped FSV Mainz achieve a top-six finish.
However, the promising goalkeeper, who has been capped by Germany across a number of youth-team levels, has been lured by the prospect of challenging for the Premier League title.
Reds boss Jurgen Klopp is eager to complete all of his transfer business early to avoid any disappointment and it is also being reported that he wants to "?tie up a deal to sign Mario Gotze by the end of the week.
The silky midfielder has struggled to make an impact at Bayern Munich but Klopp believes he can flourish under his tutelage.
The pair previously worked together at Borussia Dortmund and now the Anfield faithful will be hoping they can repeat their league success in England.
Liverpool are also hoping to boost their midfield options by capturing Borussia Monchengladbach starlet Mahmoud Dahoud. The 20-year-old has an exceptional passing range and a £20m swoop is in the works.
Klopp is still in the market for another defender and, after Alberto Moreno's horror show in the Europa League final, he is keeping close tabs on Leicester City's flying full-back Ben Chilwell.