Cody Gakpo, a Dutch international, has agreed to join Liverpool, according to his club PSV.
Gakpo has been connected with several of Europe's top teams, including Real Madrid and Manchester United, after becoming an important member of Ruud van Nistelrooy's team.
Only Van Nistelrooy (27 in 1999-2000) and former Liverpool player Luis Suarez (25 in 2009-10) have more goal contributions (21) after 14 games in the league during the 1999-2000 season. The striker has nine goals and 12 assists in 14 Eredivisie games this season.
Gakpo has been connected with Erik ten Hag's United for a while, but rumours on Monday said Liverpool was close to signing the 23-year-old for an initial £37 million (€42 million) cost.
Gakpo is expected to sign a contract with Liverpool in the January transfer window after making an impression for the Netherlands at the World Cup in Qatar, where he scored three goals.
A statement from the Eredivisie giants said: "PSV and Liverpool have reached an agreement on the proposed transfer of Cody Gakpo.
"The 23-year-old attacker will leave for England imminently where he will be subjected to the necessary formalities ahead of the completion of the transfer."
Should a deal be completed, Gakpo will provide competition in the forward line for Jurgen Klopp's team, who are currently without injured pair Luis Diaz and Diogo Jota.