Benfica are happy for fullback Lorenzo Melgarejo to move to Liverpool.
A Bola says an agreement between the two clubs has been struck, which would see the Paraguay international move to Anfield on a season-long loan.
Liverpool are still to discuss personal terms with Melgarejo, who is also interesting Sampdoria.
However, those close to the negotiations say the 22 year-old will accept the move to Liverpool, which includes the option to sign permanently in June.