Borussia Dortmund are reportedly on the verge of signing PSV Eindhoven attacker Donyell Malen.
The 22-year-old scored 27 times and contributed 10 assists in 45 appearances for PSV during the 2020-21 campaign before representing the Netherlands at Euro 2020.
Liverpool have been strongly linked with a move for the Dutchman, who spent two years with Arsenal between 2015 and 2017 before leaving in search of first-team action.
However, according to Italian journalist Fabrizio Romano, Dortmund have won the race for the attacker, who will complete a €30m (£25.7m) move to the Bundesliga giants once he has undergone a medical.
Romano claims that Liverpool were interested in signing Malen in the current market but did not approach PSV with an official bid.
Dortmund have already received a £73m fee this summer following Jadon Sancho's move to Manchester United, while the club continue to fight to keep hold of Erling Braut Haaland.