Liverpool will be able to hand select the some of the best young talent coming out of South America after agreeing a deal with Uruguay's reigning champions Nacional.
The Uruguayan side is considered to have the best academy in the country and have brought through two of Liverpool's current squad in Luis Suarez and Sebastian Coates.
"Liverpool would come and watch how our academy works and would have first option on signing our young players," a Nacional spokesman told BBC Sport. "We are working towards finalizing an agreement as soon as possible."
Nacional have had a major part to play in the resurgence of Uruguayan football with 14 players from this year's 23-man Copa America-winning squad either playing for the side or having come through the youth system.
Suarez has become an instant Kop hero, while Coates is regarded as one of the best young defenders in South America and is expected to have a long career at Anfield.
After bringing Coates to Liverpool, director of football Damien Comolli declared that he was keen to begin a partnership with Nacional.
"We are talking about a partnership with them that we would like to create over the next three, four or five years, to see if there is more talent coming through," he told the Liverpoolfc.tv in September.
"Maybe we can help them to develop their standards and, in turn, have the ability to bring those young players here. We already have a strong link with South America through Lucas [Leiva], Maxi [Rodriguez] and Luis [Suarez].
"Since it's been such a success with Luis - and I'm sure it will be for Sebastian [Coates] - why don't we try to make it an even bigger success by bringing in other players from Nacional?"
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