The pursuit of the Aston Villa winger took a few twists and turns with his club steadfastly holding out for a hefty £20 million fee.
To Liverpool's credit, they eventually met the price and despite interest from Arsenal, they now look set to sign the winger, subject to a medical at Melwood and personal terms being agreed with the England International.
Downing scored 9 goals in 69 appearances for Villa along with countless assists from the left-wing.
He will become a vital player for Liverpool as other new recruit Charlie Adam will look to find him with passes from midfield to play crosses into the box for striker Andy Carroll.
Aston Villa Chief Executive Paul Faulkner said: "I can confirm that we have reached an agreement with Liverpool following an improved offer received earlier today and the formal transfer request by Stewart Downing and have subsequently given them permission to speak with the player."
The jigsaw is finally taking shape for Liverpool.
"A lot of football success is in the mind. You must believe you are the best and then make sure that you are. "