... out-of-contract Burnley striker Danny Ings on July 1, subject to a medical.
The England Under-21 international's current deal with the Clarets expires on June 30 but the recently-relegated club will be entitled to compensation because of the player's age.
Newcastle have been in talks with Ings for some weeks but Liverpool confirmed the deal in a statement which said: "Liverpool FC are delighted to announce that they have agreed personal terms with Danny Ings and, subject to a medical, the striker will join the club on July 1 after his contract with Burnley has expired."