According to reports in Correio da Manha, Liverpool has agreed a fee of £25m for Benfica left back Fabio Coentrao.
Kenny Dalglish is set to move for the 23-year old full back who has been linked with a string of high profile clubs across Europe, including Premiership rivals Chelsea and Man City.
Liverpool has made a left back their top priority in the summer and have been linked with Everton's Leighton Baines, Arsenal's Gael Clichy and Newcastle's Jose Enrique.
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