By Editor Wayne Veysey | 17 years experience of breaking major stories at Evening Standard, PA and Goal, including exclusives like this

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Loris Karius will become a Liverpool player this week after arriving on Merseyside to undergo a medical and finalise his £4.7million transfer from Mainz, Football Insider sources understand.

The Premier League giants have agreed the terms of a deal for the German goalkeeper with their Bundesliga counterparts.

Karius, 22, has also agreed personal terms with Liverpool and the signing is expected to be announced within days.

Liverpool will pay a fee of around £4.7million for the Germany Under-21 international after meeting the terms of the release clause in his Mainz contract, which was scheduled to run until 2018.

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A well-placed Liverpool source has told Football Insider that the Merseysiders are hopeful of securing a deal for a second Bundesliga star.

Manager Jurgen Klopp wants to tie up a swift transfer for Martio Gotze and the club believe it can be agreed within the next few days.

Gotze, 23, has plummeted down the pecking order at Munich under Pep Guardiola although there is the possibility he is in the plans of incoming manager Carlo Ancelotti.

With just a year remaining on his Bayern contract, Liverpool believe they can secure the signing of Gotze for a bargain £20million.

The World Cup winner’s season has been continually interrupted by injuries and Gotze has struggled to convince Guardiola he deserves more than a spot on the bench in recent weeks.

The Spanish boss opted to leave him out of both legs of Bayern’s Champions League semi-final showdown defeat to Atletico Madrid.

But Gotze’s pedigree is without question and is well known to Klopp, who brought him through the ranks at Borussia Dortmund before his departure to Bayern in 2013.

The man who struck the winning goal in the 2014 World Cup final scored 31 goals and supplied 44 assists in 116 Dortmund matches. He has been even more prolific at Bayern, scoring 36 goals in 114 matches.

Liverpool are keen to get their transfer window dealings done quickly, preferably before the first ball is kicked at the European Championships in June, and have made signing a top goalkeeper and playmaker their priorities this summer.

Liverpool were beaten in the Europa League final last Wednesday, but the disappointment of missing out on silverware and a spot in next season’s Champions League is not expected to be a factor in Gotze’s decision.

In other Liverpool transfer news, the Reds are ready to make their Bundesliga raid into a hat-trick with interest in this German defender.