Liverpool are expected to make an offer for Bayern Munich midfielder Thiago Alcantara this week.

According to information from Italian pundit, Tancredi Palmeri, personal terms have been struck and Bayern have now set their price to sell.

Taking to social media, Palmeri posted: "Liverpool have agreed personal terms with Thiago Alcántara.

"Bid to Bayern to be tabled in next days: approx €35m, Liverpool wanting to do €30m + €5m bonus."

Bayern chief Karl-Heinz Rummenigge announced last week they were seeking to now sell Thiago.

"He is a top player on and off the pitch. We negotiated seriously with him and realised all his wishes but it seems that he might want to do something new for the end of his career," said Rummenigge.

"We have never had contact with Liverpool. If they want to recruit him, we will discuss. We don't want to lose a player for free next year. I say it very clearly."