Liverpool have reportedly taken the next step in their pursuit of major summer target Thiago Alcantara.

According to verified German outlet SPORT1 (relayed via @LFCTransferRoom), the Bayern Munich midfielder and Liverpool have an 'agreement in place' over a move to Merseyside. The Reds are said to be the club who have shown the most interest in Thiago this summer.

This particular transfer link is one that continues to twist and turn and attract speculation over whether a move will come to fruition. The £43.2m-valued Spaniard has also admitted that Anfield is is his favoured destination ahead of next campaign.

Many Liverpool fans have flocked to the update to express their excitement over the idea of Thiago joining the Anfield ranks. One fan has asked "Does this mean he's coming", whilst another is begging the club to announce the signing of this long-awaited player.

Read more replies from the Anfield faithful on Twitter here:

Do you think Liverpool will get the Thiago deal over the line this summer? Join the conversation in the comments below!