Liverpool has won the race to sign Arsenal's Alex Oxlade-Chamberlain, beating out Chelsea in the process, according to Sky Sports. Here's what to know:
The Fee
The report says the fee will be in the region of $41 million for the England international, who joined Arsenal from Southampton in 2011. He's played 198 matches for the Gunners, scoring 20 goals and is looked at as one of the players in England with the most potential, with blistering speed and quality in attack.
What it means for Liverpool
The Reds are just loaded with players to play on the outside.