The striker is set for a 10-day trial on Merseyside, and if he impresses the club's coaches then he will put pen to paper on a five-year deal, with the player excited by the move
The under-17 international is set to arrive at Liverpool next month with a view to signing a permanent deal with the Anfield club.
Pachuca held a meeting with the player and his parents on Monday to agree arrangements, with the striker set to arrive around August 10 in order to begin training with Liverpool's reserve team.
"A pre-contract was signed with his parents and the player which will be sent to Liverpool, so the acceptance of the 10-day trial and conditions is all sorted out in the event of the English team deciding to keep him," Pachuca vice-president Andres Fassi told El Universal.
Fassi explained that the player would sign a five-year deal, with clauses so that Pachuca receive payments for his development rights.
He continued: "It is our policy not to talk about any external costs, for private reasons, but what is important is the development rights contract and the contract of the player himself."
There is also the possibility of Pachuca and Liverpool developing a sporting partnership, with Liverpool coaches visiting the Mexican club to mentor young players.
The 17-year-old, who has spoken of his desire to emulate former Anfield hero Fernando Torres, expressed his delight at the move and hopes to improve as a player at Liverpool.
"I feel very happy, very motivated," he told Record.com. "With my family being here I feel a little cushion of great motivation, and with that I feel I can face any challenge.
"Yes, I see myself in a Liverpool shirt, or also with a Pachuca shirt – whatever God wants is fine. And wherever the opportunity presents itself I will take full advantage.
"Whenever they [Liverpool] look at you it's a great commitment and a great motivation, so I will have to face it with great motivation and the commitment of representing [my] country in the best way, with the faith that it can be achieved.
"Yes, [the deal] is what I want. It's a life experience I will never be able to forget, I'm very excited by it and I will give my best."