Liverpool on the verge of signing Loris Karius from Mainz.

The Liverpool Echo reports that the Reds are close to an agreement with the German club regarding a £4.7million transfer.

Liverpool boss Jurgen Klopp is a big fan of the 22-year-old goalkeeper and has sent scouts to watch him on a number of occasions this season.

Germany U21 international Karius, who has previously spent time with Manchester City's academy, will be brought to Anfield in a bid to create added competition for Simon Mignolet as Adam Bogdan gets set to depart.

Danny Ward is set to spend another season out on loan after starring with Aberdeen, indicating that Karius will be directly pushing Mignolet for a first-team spot.