Liverpool latest: Balotelli contract information revealed ahead of £16m move

All the latest news, views and transfer rumours from Anfield...

There is only one place to start tonight's Liverpool round up: Mario Balotelli. The former Manchester City striker is reportedly on the verge of a £16m switch to Liverpool after talks between the Reds and AC Milan gathered pace over the last 24 hours. The Italian international, 24, is seen as the replacement for Uruguayan striker Luis Suarez, who joined Barcelona earlier this summer.

Reports throughout the day have been suggesting that Balotelli has said goodbye to his Milan team mates ahead of his flight to Merseyside, whilst details over Balotelli's contract have also been speculated over. Reports in Italy suggest that Balotelli will receive a contract worth €5.8m-per-year - £90,000-per-week as he bids to make a big impact upon his return to English football.

A player who could potentially be leaving Anfield is striker Jordon Ibe, with the youngster lined up for a loan move to the Championship. The 18-year-old forward had been tipped to move to Bolton Wanderers on a season-long loan deal, but Derby boss Steve McClaren is looking to hijack the bid having helped develop Reds youngster Andre Wisdom last season.

"He is someone who has always been on the radar, but I think he is on the radar of a lot of clubs," said the former England boss. "Wherever he goes someone will get a very good player. He is the type of player I suppose we have to be in the market for, but I have heard a lot of clubs are interested in him. I think Liverpool are holding onto him to as near to the close of the transfer window as possible. He is someone we keep an eye on."

Meanwhile, Liverpool midfielder Philippe Coutinho has been celebrating his recall to the Brazilian national team this week, and thanked the Reds 'family' for giving him confidence.

"I've improved my confidence quite a bit," said the former Inter playmaker. "It is very important, as a player can only give his best when he has confidence in himself. Playing consecutive games with the first team [when I first arrived] was also helpful. I found a family when I first arrived here. This club really is like a family and this helped me feel very comfortable when I first came to Liverpool."

Finally, goalkeeper Simon Mignolet believes that the big Monday night game against Manchester City will be easier to go into than the opening game against Southampton - because the Belgian believes they know how to play against Manuel Pellegrini's men.

"We will be ready for City," said Mignolet. "It's actually probably an easier game to go into than Southampton at home. We didn't really know what to expect from Southampton as they have a new manager and new players. But we know what the City game is going to be all about. It will be totally different. They have some top players and it will be a difficult game, but we competed with them last season and hopefully we will get the three points."

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