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Read more: Timeline and pictures from Joe Allen's career

Joe Allen has told Swansea City he is ready to complete a record-breaking move to Liverpool FC.

The Wales midfielder is set for a £15m move to Anfield after former Swans boss Brendan Rodgers told his former employers he is prepared to meet the buy-out clause the 22-year-old's contract.

Allen trained with Swansea this morning, but has told both club chairman Jenkins and manager Michael Laudrup of his intention to take up the offer of being reunited with Rodgers.

It will bring an end to a summer of speculation over the Team GB playmaker and make him the costliest Welsh player in history, the £15m fee larger than the £14m Manchester City paid West Ham for Allen's Olympic teammate Craig Bellamy in 2009.

It represents a huge blow for Swansea who had seen Narbeth-born Allen as a key player in their progress as a Premier League club, the youth-team product having signed a four-year deal last summer.

Read more: Leon Britton admits Joe Allen will be hard to replace

However, in that contract existed a release clause that would be triggered at £15m by a selection of clubs, Swansea powerless if that figure was reached.

It was on this technicality that Rodgers was able to get around a 12-month "player protection" agreement made when he quit the Liberty for Anfield in May. The Northern Irishman confirmed himself at the time of his move he was unable to make moves for Swansea players unless they were made available for sale.

Picture gallery: Joe Allen's career so far

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But despite Swansea citing that agreement when they angrily rejected a £12.5m offer at the end of last month from Liverpool, they had long accepted the young midfielder would be on his way once the offer was upped.

Manager Laudrup had called for a swift end to the saga earlier this week following Allen's return to the club after his Olympics involvement, stressing he would speak to the player for his opinion on the move but warned that Liverpool would need to hit that £15m figure.

Liverpool are yet to make that offer in writing, but have verbally indicated that they are now ready to make the deal happen.

Spurs had been touted as potential suitors of Allen, who made his Swansea debut at the age of 16 in 2007 and wowed observers in his maiden Premier League campaign.

But Liverpool were always the more likely to push through a deal because of Rodgers' long-standing admiration for the player who he will believe is key to helping him implement his style on the Liverpool side.

Swansea will be in no rush to find a replacement for Allen with Jonathan de Guzman used in his central role in the 4-2 friendly win over Blackpool in midweek, although they have registered an interest in Bolton midfielder Mark Davies.