Liverpool complete £10.7m deal for Porto's Raul Meireles

Liverpool sign Porto midfielder Raul Meireles in a £10.7 million deal to replace Javier Mascherano.

According to the guardian, the deal should be finalised over the weekend subject to a medical which would bring the 27-year-old to Anfield.

The Portuguese international, who impressed during the 2010 World Cup, is said to have agreed personal teams with Liverpool and is set to take over Mascherano's position after the Argentine completed a reported £20 million move to Barcelona.

Meireles has been heavily linked with a possible move to Anfield rivals Manchester United, however the Old Trafford owners have a policy stating a player aged 26 or over should not be bought if they have a substantial price tag.

Porto have been looking to sell Meireles as the midfielder has one year left on his contract and the Portuguese side would rather him not become a free agent.

This story has been reproduced from today's media. It does not necessarily represent the position of Liverpool Football Club.