French outlets Canal+ and RMC Sport reported last weekend that versatile forward Fekir had agreed a five-year contract at Anfield after the two clubs settled on a fee of approximately £62million including bonuses.
Chelsea are also interested in a deal for the player, but it's emerged that Jurgen Klopp's side are the front runners to sign him, and they hope to complete the transfer before the World Cup.
The race for automatic Champions League spot is firmly in Lyon's hands and if they do finish in second position, it will be interesting to see whether Fekir will stay at Lyon or move to the Premier League with Liverpool. 'I hear there are arrangements, stuff like that - I was surprised.
'I can deny this information right now.
For now, I believe Klopp will be focussed on the last Premier League game of the season before attention will turn to the Champions League final. With the likely departure of Emre Can to Juventus, this also means that there will be more opportunity in Liverpool's midfield.More news: Red Sox, Yankees to meet in London
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The Reds boss now boasts arguably the most exciting trio in world football at present in Sadio Mane, Mohamed Salah and Roberto Firmino.
On Fekir meeting Klopp, he added: "I can guarantee you that he never met him".
Lyon now occupy second place in the French top-flight following Sunday's 3-0 win over Troyes, one point clear of Monaco with two matches remaining and two ahead of fourth-placed Marseille.
"If we do it on Sunday, then that gives us two extra weeks to agree deals with players in the knowledge Champions League football will be back at Liverpool next season".
"I'll tell you something, I think the manager has always thought we were going to make the final, because if you look at the teams he has picked all along the way - apart from Porto at home, when we were 5-0 up - he has picked the strongest team".