Liverpool have agreed to pay a fee of £350,000 for Blackburn Rovers goalkeeper Ben Winterbottom, Football Insider understands.
The rising star, 17, signed a contract with the Merseyside giants after undergoing a trial and has now linked up with Barry Lewtas’ Under-18s squad at the club.
A club source has told Football Insider that Liverpool must pay a compensation fee to the Championship club for the developments costs of bringing the Preston-born youngster through their ranks.
Winterbottom had been at Blackburn for a number of years before transferring to the Premier League giants.
The six-figure sum has been settled after Liverpool pushed through a deal in time for the teenager to be named on the bench for the Under-18s 1-0 derby win over Everton at Finch Farm earlier on Saturday.
The youngster will compete with Under-18s No 1 Vitezslav Jaros and Dan Atherton for a place in Lewtas’ age-group side.
The Reds had to sign Fulham’s Luca Ashby-Hammond on an emergency loan for their FA Youth Cup semi-final tie with Watford because Atherton is too old for the competition.
In other Liverpool transfer news, Michael Edwards is working on a £10million deal to sign a 21-year-old who is the NEXT BIG THING.