Benfica have announced the sale of Darwin Nunez to Liverpool.
The Uruguay striker is set to undergo a medical at Liverpool later today.
Nunez moves for €75million (£64m) plus add-ons that could see the fee rise to €100m (£85m).
Liverpool will smash their transfer record for the signing of the 22-year-old, who will overtake Virgil van Dijk as the most expensive player in the club's history, after the Portuguese giants confirmed the deal.
The Primeira Liga side released a statement announcing they had agreed the transfer of the striker with the Reds.
In the statement, Benfica said: "SAD informs the Securities Market Commission (CMVM), under the terms and for the purpose in article 248-A, that it has reached an agreement with Liverpool FC for the transfer of all rights to the player Darwin Nunez for the amount of €75million.
"The agreement includes add-ons, so the total amount of the sale could reach €100m.
"It also informs that said agreement is dependent on the conclusion of contract of the player with Liverpool FC."