The Premier League champions completed a deal to sign Thiago Alcantara on Friday and the club are now racing towards signing one more player.
It emerged earlier on Friday that the Reds are in talks to sign Jota from Wolves and it seems they have made considerable progress towards getting the deal done.
According to Sky Italia, Liverpool have quickly thrashed out personal terms on a contract with Jota’s agent Jorge Mendes.
If the winger completes a move to Liverpool if he will sign a five-year contract with the Merseyside giants.
Liverpool have been in talks with Wolves as well and they have made good progress in the negotiations over a fee.
The Reds are keen to get the deal done and the final fee for the player could be around €43m.
Jota is keen on the move and is now waiting for the two clubs to work out an agreement between themselves.
Wolves signed the winger from Atletico Madrid in 2017 and he has scored 44 goals in 131 appearances for the club.