The BBC has confirmed that Chelsea target Nabil Fekir will join Liverpool in the next 24 hours.
Mirror has also revealed how much the player will earn and the length of his contract.
They claim the 24-year-old will sign a five year contract worth around £140,000 a week.
The deal is yet to be officially confirmed by the Reds.
Lyon have in fact rubbished the rumours by issuing a statement on their club's official website: “The information on the transfer of Nabil Fekir is false.
"Olympique Lyonnais categorically denies the false information disseminated by many media about the transfer of Nabil Fekir to Liverpool.
"In this period of transfers where the slightest rumour is often presented as a reality, Olympique Lyonnais reminds that only the information disseminated by the club on its website is authentic."