The 24-year-old has impressed at the Potters and could well be England’s No.1 at this summer’s World Cup finals.
Arsenal are also interested in Butland but it is believed the player would favour a switch to Anfield and the prospect of working with Jurgen Klopp.
Stoke are resigned to losing their star man but are demanding a fee which will eclipse the current world record outlay for a goalkeeper, the £34.7m which brought Ederson to Manchester City from Benfica.
It will also place neighbours Everton’s £30m capture of Jordan Pickford from Sunderland in the shade.
Liverpool who have also been interested in Roma’s Brazilian stopper Alisson have decided that Butland’s Premier League experience can prove vital as they look to become realistic title challengers next season.
Klopp having bought Virgil van Dijk from Southampton for £75m, a world record for a central defender, now wants to bring stability to his goalkeeping situation.
Although Loris Karius has been showing the sort of form which made Klopp bring him to Merseyside from the Bundesliga, the Liverpool boss believes that Butland is an upgrade.
Karius will remain at Anfield as back up to Butland while Simon Mignolet will be sold.
Butland who faces Manchester City tomorrow night at the Bet365 Stadium will in the summer swap a relegation scrap for a hunt for trophies.
Source The Mirror