Liverpool have agreed a deal worth up to £22.8 million to sign Luis Suarez from Ajax.

Liverpool have been in negotiations with Ajax for some time and, with the last offer said to have been worth just half of Ajax's desired £25.7 million, it was believed the talks may have reached an impasse.

Ajax had set a deadline of Saturday for the deal to be concluded and coach Frank de Boer said he believed the deal had a "50-50 chance" of going through, but the move is now expected to be completed over the weekend.

A statement on the official Ajax website read: "Ajax and Liverpool have reached an agreement over the transfer of Luis Suarez. He will make the move to the English club immediately. The deal is worth up to a total of £22.8 million."

Liverpool will now seek to agree personal terms with Suarez, 24, and the player will undergo a medical.

A Liverpool statement added: "Liverpool Football Club announced this afternoon that they had agreed a fee of up to £22.8 millionwith Ajax for the transfer of Luis Suarez, subject to the completion of a medical.

"The club have now been given permission by Ajax to discuss personal terms with the player and his representatives."

Source: ESPN Soccernet