Liverpool have agreed a £116 million deal to sign the German attacking midfielder Florian Wirtz from Bayer Leverkusen.

The fee includes £100m guaranteed and a further £16m in add-ons.

These bonus payments would only become payable if Liverpool achieve sustained success at the highest level, in which case the transfer fee would set a new British record.

The British record for an initial fee is Chelsea's £107m signing of Argentinian midfielder Enzo Fernández from Benfica in 2023.

Chelsea also signed Brighton midfielder Moises Caicedo for an initial fee of £100m, which could rise to £115m.

Manchester City had also been interested in Wirtz, but lost interest due to the cost of the deal. Bayern Munich were also linked with him.

Wirtz made his debut for Leverkusen at the age of 17 and went on to score 57 goals in 197 games for the club.

He helped them win the Bundesliga for the first time in 2024, and he has scored seven goals in 31 appearances for Germany since making his national team debut in 2021.