Boss Jurgen Klopp and sporting director Michael Edwards are keen to get the deal done before Les Bleus head to Russian Federation for the World Cup - as is national team boss Didier Deschamps - and made a significant breakthrough in negotiations with the French club on Thursday.
A source said on Thursday that a fee has yet to be agreed, but discussions have taken a positive turn and there is optimism growing on Merseyside that Liverpool could secure a deal prior to France flying out to Russian Federation.
Hunter specified the deal will be worth an initial €55 million (£48.3 million) plus an additional €5 million (£4.3 million) in add-ons, recalling that Lyon president Jean-Michel Aulas had said on Thursday talks were "at a standstill". Olympique Lyonnais categorically denies the false information disseminated by many media about the transfer of Nabil Faulkner to the Liverpool club.
The summer transfer window is open and managers are working hard on their transfer targets so we'll bring you all the latest gossip from around the globe.
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Meanwhile, the ongoing NAFTA talks are faltering as the USA and Mexico struggle to reach an agreement on bilateral trade in cars. The difference between how much your country buys from another country, compared with how much you sell to that country.
"I do not think that there will be changes before [the World Cup]".
Fekir has signed a 5-year contract with Liverpool and the deal could be officially announced within hours.
How could Liverpool line up in 2018/19 if they sign Nabil Fekir?
"Olympique Lyonnais categorically denies the false information disseminated by many media about the transfer of Nabil Fekir to the Liverpool club", read a statement on the official Lyon Twitter account. While Lyon's announcement could be an indication of a deal being in jeopardy, it could just as well be a PR stunt.
Liverpool have been active in the transfer market already.