Portsmouth have seen a bid for out-of-favour winger Jermaine Pennant accepted by Liverpool.
Pennant, who is out of contract in the summer, has fallen down the pecking order at Anfield and has made just four appearances for the club this season.
The former Notts County, Arsenal and Birmingham player has been linked with a host of teams since the opening of the winter transfer window.
Real Madrid, AC Milan and Hull City were all reported to be considering a move for his services, Pompey appear to have won the race.
The two clubs have agreed a fee, which is believed to be in the region of £2million, with the Fratton Park outfit now set to meet the player to discuss personal terms.
Pompey boss Tony Adams knows Pennant from their time together with the Gunners, with the North London outfit investing £2million to bring him to the club from Meadow Lane as a teenager in 1999.
Pennant was unable to make the breakthrough under Arsene Wenger and after loan stints with Watford, Leeds and Birmingham he signed a permanent deal with the Blues in 2005.
Rafa Benitez then splashed out £6.7million to bring him to Anfield in the summer of 2006 and he now looks set to depart Merseyside for the South Coast.
A statement on Portsmouth's official website read: "Pompey have had a bid for Jermaine Pennant accepted by Liverpool.
"The Blues plan to discuss personal terms with the player over the next few days."
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