Liverpool will go to a tribunal with Watford over the imminent departure of striker Jerome Sinclair to the Hornets, and will hope to make in excess of £4million from his sale, report the Liverpool Echo.
Reports broke out earlier this season that Sinclair wished to leave the Reds in search of a new challenge, as he didn't see a clear path to the first team under Jürgen Klopp, despite scoring against Exeter City in the FA Cup earlier this season. His contract expires at the end of the season, but as he's only 19-years-old the Merseyside club will be due a compensation fee.
Watford and Bournemouth both involved
Watford have been muted as potential suitors for a long time, with Liverpool rejecting a £1.5million bid for his services in January, leaving the London club to decide to wait until the summer, hoping to pay a similar fee after the tribunal hearing.
However, a bid from AFC Bournemouth has complicated matters. The Cherries offered Liverpool a deal worth up to £4million in April, although it was quickly confirmed by Sinclair that he had his heart set on moving to Vicarage Road.
Whilst Bournemouth are now well out of the equation, Liverpool can point to their offer as proof of Sinclair's value, much higher than Watford ever intended to pay.
First Ings, now Sinclair
The Reds have of course been involved in a tribunal hearing this season, regarding the fee paid to Burnley for the signing of another striker last summer - Danny Ings.
After long, drawn out, proceedings, Liverpool were eventually told last month that the transfer fee for Ings would be £6.5million, rising to £8million. That was the outcome they were hoping for, whilst the Clarets were disappointed after expecting a record tribunal fee.