The 18-year-old was named the Scottish Football Writers' Association's Young Player of the Year for the 2021-22 season after enjoying a breakthrough campaign in Pittodrie.
Ramsay made 33 appearances in all competitions for Aberdeen and contributed one goal and nine assists in the process - setting up four strikes in six Europa Conference League qualifying matches.
The teenager's Scottish Premiership campaign saw him register a goal and five assists in 22 top-flight matches during the regular season - starting 19 of them.
Ramsay - a three-cap Scotland Under-21 international - caught the eye of numerous clubs over the past few months, but Liverpool are seemingly poised to win the race for his services.
According to The Mirror, Liverpool and Aberdeen have come to an agreement over a fee for the defender, and the Reds will fork out £4m upfront to secure his signature.
The report adds that a further £1.5m will be included for bonuses/add-ons, and Liverpool boss Jurgen Klopp has become a 'big admirer' of Ramsay.
The Aberdeen starlet is now set to undergo a medical and finalise personal terms on a five-year contract over the weekend, and an official announcement of his signing could therefore come next week.
Ramsay - whose Aberdeen deal expires in 2024 - arrives at Anfield to provide backup and competition to Trent Alexander-Arnold if Neco Williams leaves permanently for Fulham, and Joe Gomez could also depart before the window shuts.
Should Gomez leave the club alongside Williams, Ramsay will reportedly be integrated straight into the first-team squad for 2022-23 instead of continuing his development out on loan.
However, The Mirror claims that Klopp's side will end their summer incomings with the acquisition of Ramsey, in spite of calls for the Reds to sign a new midfielder.
Takumi Minamino, Nat Phillips and Alex Oxlade-Chamberlain may still seek pastures new in the coming weeks, though, and Sadio Mane is believed to have agreed personal terms with Bayern Munich, who are preparing to approach Liverpool with a third bid for the 30-year-old.
Liverpool's first match of the 2022-23 Premier League season sees them travel to newly-promoted Fulham, with the fixture list being released on Thursday morning. body check tags ::