Cardiff City have had an £8 million bid for Tom Ince accepted by Blackpool, Goal understands.
The Premier League newcomers have moved into pole position to capture the England Under-21s international after meeting the Tangerines' asking price.
However, Cardiff have not yet agreed personal terms with Ince, opening up the possibility that he could still move elsewhere.
Tom Ince is 1/8 with BetVictor to sign for Cardiff City
But Cardiff could still be beaten to Ince's signature by his other suitors, who include Swansea City and Crystal Palace. Everton are also understood to be monitoring the situation.
Liverpool came close to re-signing Ince in January but could not agree a fee with Blackpool during what were understood to be "heated" negotiations with the Championship club, which were complicated by the 35 per cent sell-on clause in the deal that took the youngster from Anfield to the Seasiders in August 2011.
As reported by Goal, Liverpool have turned their attention elsewhere as they close in on four new signings to add to early summer captures Kolo Toure and Iago Aspas. Luis Alberto became the first of those to be secured on Saturday.
Ince is still expected to leave Blackpool this summer but the player's father, Paul, the former England and Manchester United midfielder who is now his manager at Bloomfield Road, will have a major say on his final destination.
The Liverpool academy graduate has blossomed at Bloomfield Road, scoring 18 league goals for the 15th-placed second-tier club last season.
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