Liverpool have confirmed the sale of winger Harry Wilson to Championship side Fulham.
Wilson leaves the side after 16 years at the club, having joined at u9 level.
The Athletic have confirmed that the two clubs agreed on a £12m fee for the player.
The Reds have also negotiated a 15% sell-on clause in the deal.
However, they will not receive any of the fee until 2022 as the club agreed to defer the payment for Financial Fair Play reasons.
Liverpool were hoping to get £15m for the 24-year-old but settled on a compromise with the Cottagers.
The Athletic also revealed that Liverpool turned down an offer of £6.5m from Benfica earlier in the window.
Wilson to Fulham is good news for Liverpool
Liverpool have managed to offload another unwanted player for a decent fee, which will help them in their recruitment later in the window.
Wilson joins the likes of Marko Grujic and Taiwo Awoniyi in leaving the club this summer. This means that the Merseysiders have earned over £30m in transfer fees so far this window.
This will allow them to spend on more incomings, which we are expecting in the next few weeks.
While Liverpool were hoping for £15m, £12m is still a good price for a player that has played just twice for the club.
It makes him the fourth-most expensive signing in Championship history, per Transfermarkt.
Fulham is a good fit for Wilson as they hope to earn immediate promotion back to the Premier League.
They are getting a full international at a good age that is more-than-proven at Championship level.
The fact that Liverpool will not receive any of the transfer fee until next year is not important.
FSG have £12m in the bank account. They can spend that this summer in the knowledge that it will be repaid next year.
We always want to see our academy players making it at Anfield. Unfortunately, it only works out for a few.
Wilson will still make a great career for himself and we wish him every success with it.