Argentina winger Maxi Rodriguez is close to completing his move from Atletico Madrid to Liverpool after arriving in the city for a medical.
The 29-year-old, a close friend of Liverpool midfielder Javier Mascherano, is likely to sign an 18-month contract.
Rodriguez will watch the Reds' FA Cup third-round replay against Reading on Wednesday before returning to Spain to finalise the details of the transfer.
He could be included in Liverpool's squad to face Stoke on Saturday.
Liverpool manager Rafael Benitez had said last week that the club had "more or less agreed" a deal, thought to be worth about £1.5m, to bring the winger to Anfield.
"You never know with timescales. It's a question of everything being more or less agreed," said Benitez last Friday.
With Fernando Torres hampered by a niggling groin injury, Benitez is keen to bolster his attacking options.
Rodriguez can play on the right or as an attacking midfielder, although with Steven Gerrard normally occupying that position Benitez is likely to employ the 29-year-old on the wing.
The arrival of the former Newell's Old Boys and Espanyol player follows the departure from Anfield of Andrea Dossena to Napoli and Andriy Voronin to Dinamo Moscow.
The signing could further signal that Ryan Babel, who can play on the left or right of midfield, does not feature in Benitez's future plans.
Liverpool have already rejected a £9m bid from Birmingham for the Holland international but Benitez has insisted he could still have a future at Anfield.
http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/8457706.stmI suggest you watch the video at the bottom, his is goal J and it was an absolute peach.