Red Star Belgrade have confirmed they have accepted an offer of EUR7million for Marko Grujic from Liverpool.
The Serbian club revealed they had also received offers of EUR2million from Belgian outfit Anderlecht and EUR5million from Bundesliga strugglers Stuttgart, however, it is Liverpool who look to have won the race for the midfielder's signature.
As part of the deal Red Star will receive 10 per cent of the next transfer fee should Grujic leave Liverpool and will keep the 18-year-old on loan from the Merseyside club until the end of the season.
A statement from Red Star said the loan back from Liverpool had been agreed because of their wish to "respect the desire of the player's father" to stay in Belgrade until the end of the campaign.
Liverpool's move for Grujic had appeared to be in doubt after his father was quoted as telling a Serbian newspaper he had confiscated the teenager's passport, vowing not to let the Premier League side "ruin his child".