The Reds have reportedly agreed a £30 million fee for the forward, who will undergo a medical on Monday.
At that price he will become one of the club’s most expensive signings ever, comparable to the big fees they have paid for Christian Benteke and Andy Carroll in the past.
But according to the Liverpool Echo, they could have had the Southampton man for much cheaper just two years ago.
They report that the Reds much maligned transfer committee identified the player as a potential signing back in 2014 when he was impressing for Redbull Salzburg.
He bagged 13 league goals in a side that dominated their domestic league that season and finished the campaign with 23 goals in 50 games in all competitions.
Liverpool were interested, but according to the Liverpool Echo then manager Brendan Rodgers did not agree and Southampton instead signed him for £12 million.
He is now set to finally arrive at Anfield for more than double that price and the Reds will be hoping that he proves to be value for money after previously missing out.