The young talent has received approval from all pertinent parties to officially complete the transfer.
Per Fabrizio Romano, the Reds have agreed to pay Wolves a £2M compensation fee.
The 16-year-old will put pen to paper on a five year contract when he signs for the Reds.
Liverpool are also close to signing England under-16 international Rio Ngumoha from Chelsea.
Both of these youngsters will be featuring for the club’s Under-18 side this term.