Last January, Liverpool completed the signing of forward Daniel Sturridge within 48 hours of the transfer window opening and they look like doing similarly this year too.
The player who looks set to become the early arrival is Egyptian playmaker Mohamad Salah.
The 21-year-old will arrive from Swiss side FC Basel for around £8 million, according to several reports.
Mirror football reporter David Anderson tweeted on Monday afternoon to say the deal is “progressing well”.
Mohamed Salah could be Liverpool's first signing of the January transfer window. The deal is progressing well.
— David Anderson (@MirrorAnderson) December 30, 2013
Liverpool could have done with Salah at Stamford Bridge on Sunday, against who he impressed in the Champions League earlier this season.
Salah is a left-footed, pacy player with an eye for goal, having scored 17 goals in 26 appearances for his country.
He has been likened to Franck Ribery, and could fit into the Liverpool side in an interchanging, fluid front-three alongside Luis Suarez and Daniel Sturridge.