Sao Paulo are waiting for Liverpool to launch a counter bid to sign star defender Lucas Berlado amid claims Leicester are close to having an offer accepted.
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Liverpool have been told by Sao Paulo general manager Rui Costa they are "willing to negotiate" with the Reds if they pursue interest in Lucas Beraldo.
Sao Paulo are open to offers for 20-year-old defender Lucas Beraldo, who is a player on Liverpool's transfer radar and was the subject of a bid from Wolves this past summer.