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Liverpool are reportedly closing in on the signing of PSV Eindhoven forward Cody Gakpo for an initial fee of £37m, with the potential to rise to £50m.

Liverpool are reportedly closing in on the signing of PSV Eindhoven forward Cody Gakpo with negotiations at an advanced stage.

The Reds are in need of attacking reinforcements after the losses of Luis Diaz and Diogo Jota to long-term injuries earlier this season.

The Athletic reports that the club are close to reaching an agreement to sign the 23-year-old for an initial fee of approximately £37m, with the potential to rise to £50m.

The Netherlands international had a strong showing at the World Cup, scoring three goals in five matches for Louis van Gaal's side.

Leeds United and Southampton were reportedly close to signing Gakpo in the summer and Manchester United's interest has been heavily documented in recent months.

The Dutch forward has contributed to 35 goals for PSV and his country so far this season.

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