Liverpool have reportedly won the race to sign Portsmouth and England right-back Glen Johnson after having an £18.5million offer for the player accepted.
Chelsea had also been linked with the 24-year-old, who left Stamford Bridge almost two years ago, but appear to have cooled their interest in the player recently.
The transfer fee will take into account the fact that Pompey still owe Liverpool £7million for Peter Crouch's move to Fratton Park last summer.
Executive chairman Peter Storrie admitted at the weekend that he was preparing for Johnson to leave, when he told Sky Sports News: "Glen's had a fantastic season for us and I think he's the best right-back in the country at the moment.
"I've know Glen a long while, from my West Ham days. When I re-signed him (at Portsmouth) we talked things over.
"He said, 'If one of the big four come in with Champions League football, would you stand in my way?'
"I told him I couldn't do that. Providing the deal is right for Portsmouth and Glen then we'll look to try and do something in the right way.
"It's very hard to try and hold people back when they've a chance to play in the Champions League. I accept that."