AS Monaco star Thomas Lemar has agreed personal terms with Liverpool.
Yahoo Sport says Liverpool have reached an agreement with Lemar but will not meet Monaco's £90million asking price.
The French international is a long-term target for the Reds and Arsenal, who failed with a last-ditch bid over the summer.
Lemar, 22, has already agreed the outline of a deal with Anfield chiefs.
The sticking point is Monaco demanding a huge fee after losing a number of talents in the last window.
They are prepared to sell any player but are tough negotiators and will command a premium.