By Editor Wayne Veysey | Former Evening Standard, Press Association and Goal chief correspondent with 17 years experience of breaking big stories, including exclusives like this

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Liverpool have clinched a deal to sign wonderkid Rafael Camacho from Manchester City, Football Insider sources understand.

Camacho, 16, has been at City since the summer of 2014 after they signed him from Portuguese side Sporting Lisbon.

A well-placed Liverpool source has told Football Insider that the Merseysiders have taken advantage of his contract stalemate at City and agreed terms with the Portugal Under-16 international.

Liverpool have held a long-term interest in the highly rated attacking midfielder, who is renowned for his ability to create and score goals.

Camacho is regarded as one of the best talents to come from Portugal in his age group and has scored three goals in six appearances for his country’s under-16s.

Camacho will become the second City youngster to make the move to Liverpool in recent weeks after the Merseysiders snapped up defender Diego Lattie in April.

Liverpool have already made four permanent additions to their senior squad since Klopp took over last October.

Sadio Mane, Lorius Karius, Joel Matip and Marko Grujic have all joined the Merseysiders this summer, although the deals for the latter pair were struck in January.

In other Liverpool transfer news, Reds January target Alex Teixeira is set to quit China after just six months.