Chelsea have agreed a deal in principle to sign Timo Werner from RB Leipzig.
The Germany international has a €55m (£49.4m) release clause in his contract which expires on June 15.
The clause could change slightly depending on whether Leipzig qualify for the Champions League.
Regardless, multiple outlets in Germany and the UK claim the Blues are willing to meet the clause and have offered Werner a contract worth £200,000-a-week.
And ESPN adds that Chelsea expect the deal to be finalised in the next few days.
Bayern Munich, Real Madrid, Liverpool and Manchester United had also been interested in the 24-year-old.
Werner had preferred to join Jurgen Klopp's Reds, but the club did not want to pay the fee in the current economic climate.
The same decision wasn't tough in west London, where Frank Lampard had identified the former Stuttgart man as his top forward target.
Lampard had previously targeted Moussa Dembele, but once Werner intimated he would be willing to join, it was an easy decision.
For Werner, he is happy to play under Lampard and find regular minutes at Stamford Bridge, which may have been tough to find at Anfield.
Lampard will now switch his focus to signing a left-back, with Leicester's Ben Chilwell his primary target.