Carlos Bacca has agreed personal terms with Italian giants AC Milan.
Sevilla have accepted a formal transfer offer for the 28-year-old striker and Liverpool have opted to let him go.
Reds' boss Brendan Rodgers wanted to press ahead with the club's attempts to negotiate down Aston Villa's £32m asking price for Christian Benteke and there was some reluctance over paying a substantial fee for a player in his late twenties.
The player's agent Sergio Barila commented: "I can confirm that Milan and the player reached an agreement."
Manchester United striker Javier Hernandez is the latest name to be added to the list of 'possibles'. Luiz Adriano is another.
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