Last Updated: Thu, 05 Jun 2014 12:03
Brendan Rodgers has made his second capture of the summer after landing Germany-Under-21 international Emre Can from Bayer Leverkusen.
The Reds have had an offer agreed "in principle" for the Bayer Leverkusen midfielder, he had a buyout clause of £9.75m, and the 20-year-old has agreed terms at Anfield, although the deal will not be able to be confirmed officially until July 1.
There had been a speed bump surrounding the deal as Bayern Munich, who sold Can to Leverkusen last summer for £4.4m, had the first option to buy him back, but they have now been compensated to the tune of £1.2m for waiving that option.
Can becomes the second signing in the space of a few days after Rodgers completed the £4m move for Southampton's Rickie Lambert on Monday as he continues to strengthen the side ahead of a Champions League campaign next season.
Bayer's CEO Michael Schade has wished the midfielder well at Liverpool, saying: "Emre Can developed very well and very quickly at Leverkusen over the last 12 months.
"We would like to have kept him here but the release clause was a part of his contract. Therefore we wish him every success for his development in the Premier League."
Have you an opinion on this story? Put your money where your mouth is and claim a free £25 bet.