Javier Manquillo has rejected the offer of a move to Arsenal and has opted to join Brendan Rodgers' men - as he undergoes a medical today.
The Reds have made the Manquillo one of their top targets this summer and are on the verge of announcing him as a Liverpool player, after he agreed a two-year-loan deal.
As part of the deal, Liverpool have the option to make the transfer a permanent one at the end of the first year. They can also cancel the loan at this point, if it isn't working out.
In singing the 20-year-old, Brendan Rodgers’ men have beaten off interest from Arsenal in the defender.
Manquillo was also wanted by Arsene Wenger, but the veteran manager’s signing of Mathieu Debuchy has put the Spaniard off joining the Emirates as he feels his first team chances will be limited.
The Spanish youth international is considered one of the finest young players in his position in the world, but his seen his path to Atleti’s first-team blocked.
He has made just six appearances over the past two years for the La Liga champions and they are now keen for him to get some regular football under his belt, to aid his progression.
It is thought that the Red’s qualification for the Champions League was the pivotal factor in the deal, as the lure of playing in Europe’s elite competition is what attracted him most to Anfield.
When he joins up with his new team-mates, he will be in direct competition with Glen Johnson for a place at right-back.
Johnson fits in well with Rodgers’ naturally attacking style, but there is a feeling that he can be upgraded and if Manquillo can prove that he has the ability to play regular first-team football his task to dislodge the England international shouldn’t be impossible.
Getafe, Rayo Vallecano and Marseille were all also reportedly interested in singing the full-back, but he is now expected to be announced as a Liverpool player – providing he passes his medical – in the coming days.
In doing so he will become Rodgers' seventh summer signing after the arrivals of Adam Lallana, Rickie Lambert, Dejan Lovren, Divock Origi, Lazar Markovic and Emre Can earlier in the transfer window.