EXCLUSIVE | By Merseyside correspondent Cam Downes

Danny Ings has agreed personal terms with Liverpool ahead of a proposed summer transfer, Football Insider sources understand.

The striker is closing in on a move to Merseyside but Liverpool have not yet agreed a fee with his club Burnley.

Although Ings is out of contract at the end of next month, the Anfield club must pay compensation for training costs in accordance with Fifa regulations for players aged under 23.

The fee for Ings could now be decided by an independent tribunal, with Liverpool likely to pay a multi-million pound figure for the 22-year-old.

As revealed by Football Insider, the Merseysiders have met with Ings’ representatives in recent days to discuss signing him this summer.

It is understood that terms have now been agreed on a five-year contract that will be supplemented by a lucrative signing-on fee.

Ings is free to sort out his future after Burnley’s relegation from the Premier League was confirmed last Saturday.

He could be joined on Merseyside in the summer by two other new striker signings as the club press ahead with plans to overhaul their squad.

Divock Origi is set to make a permanent move to Anfield in the summer when he completes a season-long loan at Lille, while Liverpool are looking to add a third front man with Aston Villa’s Christian Benteke, Arsenal’s Theo Walcott and Borussia Dortmund’s Ciro Immobile among their targets.

The Merseysiders will create space in their squad by attempting to offload Mario Balotelli, Fabio Borini and Rickie Lambert, who are all deemed surplus to requirements.

Balotelli did not even make the 18-man squad for the 1-1 draw against Chelsea on Sunday, as he was overlooked in favour of 18-year-old Jerome Sinclair, who replaced Rickie Lambert midway through the second half.

Manager Brendan Rodgers wants strikers who can make an immediate first-team impact next season, even though the club’s American owners Fenway Sports Group have a policy of investing in youthful players who can be developed by the coaching staff.

Ings, 22, has been targeted on the back of a promising debut Premier League campaign in which he has scored 10 goals for relegated Burnley.

His winner against Hull City on Saturday was his first goal in nearly three months but his cost, youth, potential to improve and sell-on value have alerted Liverpool’s six-man transfer committee.