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Liverpool have agreed an undisclosed fee with Chelsea for striker Dominic Solanke – some 12 months after he moved to Anfield.

The England frontman joined the Reds last summer after his contract expired at Stamford Bridge but as he's under 24 the Londoners were due compensation.

Talks dragged on throughout last season and with no agreement reached the fee looked set to be decided by the Professional Football Compensation Committee.

However, further discussions between the clubs has now resulted in the issue being resolved directly between Liverpool and Chelsea.

Liverpool are remaining tight-lipped over the price they have agreed to play for the 20-year-old.

The ECHO understands that the Reds had initially valued Solanke at around £3million with Chelsea demanding closer to £10million. Now a compromise has been achieved so there is no need for a tribunal.

A Liverpool spokesman told the ECHO: “The issue has been resolved between the clubs. We will have no further comment on the matter.”

Solanke, who won the Under-20 World Cup with England last summer, had been in the youth ranks at Chelsea since 2004 but made just one first-team appearance for the club.

(Image: (Photo by Andrew Powell/Liverpool FC via Getty Images))

He decided to move on as he felt his pathway was blocked at Stamford Bridge and he was attracted to Liverpool by Jurgen Klopp's willingness to put his faith in youth.

Solanke enjoyed an impressive first season with the Reds. He made six starts and a further 21 substitute appearances.

His progress was recognised with a full England debut against Brazil and he ended his long wait for a Liverpool goal with an emphatic finish against Brighton on the final day of the Premier League campaign.