Ajax have confirmed that Liverpool have made an improved bid for Netherlands striker Ryan Babel, a star at the recent European Under-21s championships on home soil.
The 20-year-old is reportedly the subject of a revised Reds offer well over the £10million mark, with Ajax admitting that they face losing one of their brightest young talents.
Ajax technical director, Martin van Geel, told BBC Sport: "Liverpool are very serious about signing Babel and have made an offer a lot higher than before.
"Because they want him so much, I think we will lose him."
Babel's agent, Winnie Haatrecht, had earlier commented: "I won't say anything about the amounts mentioned, however I can confirm Ajax have received an official bid from Liverpool.
"Ryan has not spoken with the club. Only if Ajax tell us they have an agreement and state we can talk, will phase two begin.
"In that phase you will look at what Liverpool want, what their plans are with Babel.
"After that, the financial part will come, but it's not that far. First, we have to wait for both clubs to get a deal."