Sunderland have signed Liverpool forward Fabio Borini for a fee that could rise to £10m.
Italy international Borini had a loan spell with the Black Cats during the 2013-14 season, scoring seven goals in 32 matches, but then rejected a permanent move to the Stadium of Light.
The 24-year-old was also a target for Inter Milan, Fiorentina and Watford, but their bids were turned down.
Liverpool may also sell defender Jose Enrique, a target for West Brom.
Watford, newly promoted to the Premier League, had offered £7m for Borini, while Inter’s bid was worth £6m.
Fellow Serie A side Fiorentina were also keen on the striker but Borini decided to join Sunderland.
The Black Cats, who have allowed Italy winger Emanuele Giaccherini to join Serie A side Bologna on a season-long loan. will pay £8m up front, but the deal could eventually be worth £10m to Liverpool with add-ons.
Borini was the first signing of Reds boss Brendan Rodgers in July 2012, when Liverpool paid Roma £11m.
Rodgers had worked with Borini at previous clubs Chelsea and Swansea.
He has scored three goals in 38 appearances for Liverpool.
source: bbc sport