The Reds have been linked with the left-back for much of the summer, and appeared to be on the verge of tying up his arrival during the World Cup.
However despite talk that a £14m fee had been agreed, the Europa League champions pulled the plug by upping their valuation to £20m+.
Liverpool have since chased Ryan Bertrand and Ben Davies but both players have moved on, signing for Swansea and Southampton respectively.
This has lured the Anfield side back into the running for Moreno, and it’s understood that a breakthrough has been made.
Chief executive Ian Ayre is thought to be in Spain to tie up deals for Moreno and Atletico Madrid full-back Javier Manquillo – with the latter set for a loan switch.
Sevilla are rumoured to be resigned to the fact they may well lose their highly-rated 22-year-old, who is said to have already agreed personal terms with the Merseysiders.
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