Olympiakos left-back Kostas Tsimikas is on his way Liverpool for a medical after agreeing a four-year contract with the club.
Multiple outlets in the UK are reporting the two clubs have agreed on a transfer worth £11.75m.
The Reds moved to Tsimikas after Norwich rejected their offer of £10m for Jamal Lewis.
They were not prepared to meet Norwich's demand of £20m for Lewis, who was desperate to join the Premier League champions.
The Greece international has reportedly signed a contract which will pay him £50,000-per-week.
Leicester City were watching Tsimikas, who played against Wolves in the Europa League last week.