Liverpool have made an offer of €80 million (£69 million) plus add-ons for Eintracht Frankfurt striker Hugo Ekitike.
Sky Sports News understands the total package in this offer could rise to €90 million, which is around £78 million, but talks continue over the structure of the add-ons.
It comes after 48 hours of negotiations between the two parties, after Liverpool's interest was made public earlier this week.
Ekitike is open to a Premier League move and Liverpool would be his preferred destination, after Newcastle had an offer rejected earlier this week.
Eintracht Frankfurt are yet to respond to this latest move. Talks continue but so far negotiations between the two have been positive and progressive.