Tottenham have agreed a £65m deal with Bournemouth for striker Dominic Solanke, who has now completed his medical.
The deal will see Spurs pay an initial £55m with £10m possible to follow in bonuses. Spurs boss Ange Postecoglou has targeted centre-forward depth this summer.
He will sign a six-year contract and is expected to be at the Tottenham Hotspur Stadium on Saturday for a pre-season friendly against Bayern Munich.
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The game will see Spurs' former target man and captain - Harry Kane - return to the club for the first time, alongside Eric Dier.
Sky Sports News also understands 26-year-old Solanke had a £65m clause in his contract if a big Premier League club came in for him.
Liverpool could pocket themselves £10m in additional transfer funds if Spurs secure the signature of Solanke thanks to a sell-on clause. He played for the Reds 27 times during the 2017/18 campaign.
Solanke - who scored 19 Premier League goals last season - missed Bournemouth's pre-season friendly with Rayo Vallecano last weekend due to a foot injury.
Speaking to Sky Sports earlier this week, Bournemouth boss Andoni Iraola described Solanke as his key player.
"It's obvious, Dom is the most important player for us. But the numbers are there," he said.
"It's not [just] about the goals, he helps us a lot in the build-up, the press. He doesn't have big weaknesses for us, he makes us a much better team.
"I feel like he's happy here. We cannot control everything, we don't know how the market is going to finish but whatever happens he is a top professional."
Tottenham boss Ange Postecoglou highlighted the need for another centre forward option when he told football.london: "You know we play a certain way. We demand certain things from a physical perspective from the technical aspects of it that it's going be a striker that fits that mould.
"It's still the area of the park we're really probably the thinnest when I talk about squad-wise at the moment, so obviously that's a focus for us."
Analysis: Solanke would be an ideal fit for Ange's Spurs
Sky Sports' Peter Smith:
"Tottenham are chasing Bournemouth's Dominic Solanke and he could be a game-changer for Ange Postecoglou's side.
"Spurs have been crying out for a centre forward signing since Harry Kane was sold last summer. Richarlison and Heung-min Son both played that role, with the other moving to the left wing, at different times last season. But all Spurs fans know Son is better coming in off the flank, while Richarlison's form and fitness has not been reliable.
"With Spurs back in European competition and looking to push for a high finish they needed a high-quality alternative. Solanke looks ideal.
"He scored 19 goals for Bournemouth last season and at 26 the former Chelsea and Liverpool forward is hitting his prime.
"He is a proper box finisher, with 17 strikes last season coming from inside the area and with Spurs ranking fourth in the Premier League for crosses per game in 2023/24, Solanke can be the man to finish off those moves."