Liverpool have agreed to sell centre-back Ben Davies to Scottish side Rangers for just £4 million.
As reported by Sky Sports, the defender will make the move north of the border in a deal worth an initial £3 million, with the remainder of the sum based on individual and team-related add-ons.
The 27-year-old joined the Reds from Preston North End back in February last year for an initial £500,000 that is believed to have risen to £1.6 million.
He failed to make an appearance for the Anfield outfit, though, having spent last term on loan at Championship side Sheffield United.
The centre-back made 21 league appearances for the Blades, who paid Liverpool £500,000 in loan fees.
Davies made 145 appearances for former club Preston after coming through their academy.