Liverpool have reached a verbal agreement for the transfer of Rennes centre-back Jeremy Jacquet worth up to £60m.
The 20-year-old, who Chelsea have been trying to sign, is set to be loaned back to the French club for the rest of the season.
Liverpool have agreed to pay a fixed fee of £55m plus a potential £5m in performance-related add-ons.
Jacquet is set to have his medical with Liverpool on Deadline Day.
Chelsea offered exactly the same deal as Liverpool but over the past 48 hours, when it became apparent that Mamadou Sarr would be returning to Chelsea and Josh Acheampong was staying, the player changed his mind and decided to move to Liverpool.
It is believed he is likely to play more regularly there in the long term as Chelsea's squad is overloaded with young centre-backs.