Diogo Jota is set to cost Liverpool up to £45 million, although the club will only pay 10% of the fee in the next 12 months.
The Premier League champions confirmed the signing of Thiago Alcantara on Friday and it hasn't taken them long to get their next bit of transfer business sorted, with a move for Wolves forward Jota accepted.
According to several reports the fee is £41 million which could rise to £45 million, depending on appearances and success in competition, although the Reds won't pay much of it upfront.
The Athletic report that part of the reason that Jurgen Klopp's side went for Jota ahead of 'main attacking target' Islami Sarr from Watford is because Watford wanted £40 million upfront rising to potentially £50 million.
Wolves on the other hand are taking a significant amount less upfront, offset by the fact they are signing Liverpool youngster Ki-Jana Hoever for £13.5 million, £9 million guaranteed and another £4.5 million in potential add ons.
Liverpool had wanted another forward to add more depth to their squad. In Sadio Mane, Mohamed Salah and Roberto Firmino they have one of, in not the, best strike forces in world football.
Behind that main three though Klopp only has Divock Origi, Xherdan Shaqiri and Takumi Minamino in reserve.
Earlier this year Liverpool were expected to sign Timo Werner but Covid-19 reducing the club's transfer funds and the delay of the African Cup of Nations led the Reds to not pursue the German, who eventually moved to Chelsea.
18-year-old Hoever, who will move to Wolves, can play right back and centre back, two positions Nuno Espirito Santos has been looking for cover in.
With the Molineux side having brought in Daniel Podence in January and also added Fabio Silva in attack this summer, it seems like they've got a very good deal for Jota, who cost them around €14 million in January 2018 and helped them get promoted to the top tier.
The 23-year-old's move seems to make sense for everyone.