Liverpool are set to sign Emre Can from Bayer Leverkusen for 12 million euros, according to German newspaper Bild.

Liverpool have triggered Emre Can‘s release clause and he could become Brendan Rodgers‘ second summer signing. Liverpool look to have beaten Inter Milan to his signature by moving swiftly to meet the fee in the Turkish born German midfielder’s contract.  Emre Can joined Bayer Leverkusen from Bayern Munich for £4.4m. Munich have included a buy-back clause in Emre’s contract, but according to reports, that can not be activated until next summer. Earlier, reports suggested Liverpool’s pursuit of Emre Can is being hampered by the Bayer Leverkusen midfielder’s wage demands, but Bild adds that personal terms will not be a stumbling block.

The German youngster is dubbed  as ‘The new Michael Ballack’, is known for his versatility and has made a great impression this season. He can also play at left back, centre midfield and attacking midfield and played an important role of Leverkusen this season. Rodgers will be hoping to sign the youngster to replace out of favour Lucas Leiva.

Earlier, Bayer Leverkusen’s sporting director Rudi Voller confirmed the reds interest. He also thinks the deal will be a “lucrative business” for the German club.

“We know of their interest but there is nothing official. Of course Emre has a clause in his contract now. We’re still waiting for a decision. [A €12 million (£10m) return on a €5.5m (£4.5m)] investment would be lucrative business,” Voller told the German newspaper Bild.

“But that is not the sticking point. We are of the opinion that Emre would do well with another year with us. Roger Schmidt has already spoken to him, he is really into the player. I am convinced that Can would be even better with Roger.”

Liverpool completed the signing of Rickie Lambert on Monday and are looking to complete the signing of Adam Lallana and Alberto Moreno this week.