It’s understood that the £52.8m deal will see a down-payment of £48.4m to the French club with a further £4.4m due in add-ons and bonuses.
The club acted swiftly in their pursuit of the free-scoring midfielder and completed negotiations quickly with the Ligue Un club. Fekir may make his final appearance in front of his home fans this weekend when France take on the USA at Parc Olympique Lyonnais.
Jean-Michel Aulas is known to be an uncompromising negotiator when it comes to transfers and Liverpool are paying a similar amount to that which Lyon received for Alexandre Lacazette last summer from Arsenal.
Jurgen Klopp and sporting director Michael Edwards travelled to Paris to conclude the deal. The France international underwent a medical with club doctors supervising the process.
The paper claims a “second opinion was sought on a knee issue but those fears were eased”. Liverpool are keen to announce the deal before Les Bleus travel to the World Cup finals in Russia.
Lyon denied claims the deal was completed earlier in the day. Using social media, they issued a statement which declared the reports as “false”. As a public company, Lyon must report all information which might impact on their share price.