Liverpool are poised to sign Derby County's exciting forward Kaide Gordon this week.
The 16-year-old has already broken into Derby's first team but has yet to sign a professional contract.
Liverpool have held talks and aim to wrap up a compensation deal over the next few days as cash-strapped Derby look for £1million plus add-ons to £3m.
Though a deal has yet to be finalised with Liverpool, Derby expect talks to continue over the next 48 hours with the player set on a move to the Premier League champions.
Gordon made his senior debut as a substitute in the 4-0 victory over Birmingham City on December 29 and became the fourth youngest player in Derby's history.
Tottenham have also been showing serious interest in the youngster who was last season's Academy Player of the Year.
Capped by England at U16 level he is regarded as one of the best players in Europe for his position and age.
Manager Wayne Rooney said: 'Kaide is a fantastic player and he has got a lot of potential. He has come through the academy. He is 16, he has got a lot of development to do and he is definitely at the right place to do that.
'Of course there will be interest in Kaide because he is a fantastic player, so we expect there to be interest in him.
'We can control what we are doing at this football club, but we can't control if other teams make bids for our players.'
Derby's financial plight and the subsequent delay to their takeover has meant they are vulnerable to offers.
There have been delays in players being paid their wages and the club is having to consider sales to cover ongoing costs. Jason Knight, the 19-year-old midfielder made captain by Rooney, is also attracting interest from Burnley.