Liverpool have agreed a £12.5m deal with Juventus to sign Italy forward Federico Chiesa.

The fee for the 26-year-old is £10m up front, plus £2.5m in add-ons based primarily on his first-team performances, with Liverpool set to hand him a four-year contract at Anfield.

"I'm really happy and ready for this new adventure," he told of his impending move to Liverpool. "I want to thank the Juventus fans, thanks for all the affection over the years, I'll keep you in my heart, thanks Juventus.

"I'm really, really happy, we can't wait, me and my family."

Barcelona had also been said to be interested in Chiesa, but are struggling to free up the margin in their wage bill to be able to register him, while interest from Saudi Arabia was believed to have posed the biggest competition to Liverpool in securing his signature.

Chiesa joined Juventus on a permanent deal in 2022 following an initial two-year loan from Fiorentina and has made 98 appearances for the Turin-based club, scoring 32 goals in 131 appearances in all competitions, including 21 times in 98 Serie A matches.

Chiesa also played a key role in Italy's Euro 2021 triumph, including in the final where Roberto Mancini's side beat England 2-1 at Wembley.

Chiesa would become new Liverpool head coach Arne Slot's second signing this summer after the Reds recently agreed a deal to sign Valencia goalkeeper Giorgi Mamardashvili for £25m plus £4m in add-ons, although the Georgia international will remain with the LaLiga club until next summer.