According to the Daily Mirror the Blues have indeed inked a �20 million deal with Andre Villas-Boas' former club FC Porto for the signature of Uruguayan left wing back Alvaro Pereira.
The player was part of the Uruguayan Copa America Championship side and was a key link up with Liverpool's Luis Suarez.
Pereira is the second Uruguayan international defender to make a move to the English Premier League in the last few days of the transfer window with Liverpool having agreed an �8 million fee for Nacional central defender, Sebastian Coates on this same day.
With the deal set to be completed in the next 12 hours or so as the window is quickly approaching, it looks to be all done and dusted pending a medical and the signing of the official documents with the club and their new star.
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