Liverpool owners FSG 'sign off on Florian Wirtz' as player calls Vincent Kompany

have received the green light from owners Fenway Sports Group to complete the signing of Florian Wirtz, according to reports. The Reds are making swift progress in their efforts to land the 22-year-old, having already secured an agreement to sign his Bayer Leverkusen team-mate Jeremie Frimpong. Wirtz is among the most coveted young players in Europe and has been courted by many top clubs.

He has also been linked with moves to and Arsenal but it seems Liverpool remain in the driving seat. Talks have been ongoing for some time with the Reds yet to settle on a final transfer fee. That could be about to change, though, following a crucial development behind the scenes.

received budget approval from their owners FSG last week, according to , paving the way for a deal to be done. The club's owners are said to have given the green light but there is still work to be done when it comes to the structure of payments.

Bayer Leverkusen are reportedly pushing for a transfer fee of around £126million but are trying to bring that number down. The report suggests they are willing to shell out just over £113m to bring Wirtz to Anfield ahead of next season.

The breakdown of payments is unclear at this stage, with the clubs yet to finalise the initial fee, instalments and performance-related bonuses. However, everything suggests that a deal will be agreed with Wirtz eager to make the switch.

Last week, he reportedly called Bayern Munich boss Vincent Kompany to explain that he had decided to join . Meanwhile, the player's father and advisor Hans Wirtz is said to have informed the club's sporting director Max Eberl.

that Wirtz had been house-hunting on Merseyside ahead of his move to Anfield. He also travelled to England alongside his family to hold talks with the Reds earlier this month.

His arrival will make him 's second summer signing, with Frimpong also set to join the club. The latter touched down in the UK on Tuesday evening to finalise the deal, which suggests an announcement may be imminent.

have largely saved their cash under , but they look set for a busy window as they prepare to defend their Premier League title. Federico Chiesa and Giorgi Mamardashvili are the only signings to command a transfer fee over the last 12 months.

The Reds could also wave goodbye to a number of players who have been linked with exits in advance of next season. The likes of Darwin Nunez, Caoimhin Kelleher, Jarell Quansah and Luis Diaz could all move on in the not-too-distant future.