Trent Alexander-Arnold is reportedly set for a lucrative move to Real Madrid, with details of his potential contract now emerging.

The Liverpool right-back appears ready to leave his boyhood club as his contract nears its end, with no new deal expected at Anfield.

Spanish giants Real Madrid have been keeping a close eye on his situation and reportedly have a contract offer ready. According to Sky Sports Switzerland, the 26-year-old has already assured Madrid that he will make the move to Spain.

Once at Santiago Bernabeu, Alexander-Arnold will supposedly agree a deal that is worth €15 million (£13m/$16m) a year – which represents a sizeable increase on his current contract at Liverpool.

Trent Alexander-Arnold is set to receive a generous financial package at Real Madrid, including performance-based bonuses and a signing bonus similar to a regular transfer fee.

Liverpool had tried to negotiate a new deal with their academy graduate, but with his departure looking likely, they are now searching for a replacement.

According to Sky Sports, the Reds have identified Bayer Leverkusen’s Jeremie Frimpong as their top target. Manager Arne Slot is keen to bring his fellow Dutchman to Anfield and is taking a personal approach by staying in regular contact with Frimpong’s representatives.

He also plans to meet with them in person in the coming weeks.