The Spanish shot-stopper is a free agent, meaning that he is free to find a club outside of Monday night's transfer deadline.
According to Sport, Valdes has agreed terms with the Reds and is on the verge of moving to Anfield.
Brendan Rodgers is said to see the ex-Barca man as the ideal keeper to put pressure on Simon Mignolet.
Restore Data
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | Liverpool | 11 | 9 | 1 | 1 | 21 | 6 | 15 | 28 |
| 2 | Manchester CityMan City | 12 | 7 | 2 | 3 | 22 | 17 | 5 | 23 |
| 3 | Chelsea | 12 | 6 | 4 | 2 | 23 | 14 | 9 | 22 |
| 4 | Arsenal | 12 | 6 | 4 | 2 | 21 | 12 | 9 | 22 |
| 5 | Brighton & Hove AlbionBrighton | 12 | 6 | 4 | 2 | 21 | 16 | 5 | 22 |
| 6 | Tottenham HotspurSpurs | 12 | 6 | 1 | 5 | 27 | 13 | 14 | 19 |
| 7 | Nottingham ForestNott'm Forest | 12 | 5 | 4 | 3 | 15 | 13 | 2 | 19 |
| 8 | Aston Villa | 12 | 5 | 4 | 3 | 19 | 19 | 0 | 19 |
| 9 | Newcastle UnitedNewcastle | 11 | 5 | 3 | 3 | 13 | 11 | 2 | 18 |
| 10 | Fulham | 12 | 5 | 3 | 4 | 17 | 17 | 0 | 18 |
| 11 | Brentford | 12 | 5 | 2 | 5 | 22 | 22 | 0 | 17 |
| 12 | Manchester UnitedMan Utd | 11 | 4 | 3 | 4 | 12 | 12 | 0 | 15 |
| 13 | Bournemouth | 12 | 4 | 3 | 5 | 16 | 17 | -1 | 15 |
| 14 | West Ham UnitedWest Ham | 11 | 3 | 3 | 5 | 13 | 19 | -6 | 12 |
| 15 | Everton | 12 | 2 | 5 | 5 | 10 | 17 | -7 | 11 |
| 16 | Leicester CityLeicester | 12 | 2 | 4 | 6 | 15 | 23 | -8 | 10 |
| 17 | Wolverhampton WanderersWolves | 12 | 2 | 3 | 7 | 20 | 28 | -8 | 9 |
| 18 | Crystal Palace | 12 | 1 | 5 | 6 | 10 | 17 | -7 | 8 |
| 19 | Ipswich TownIpswich | 11 | 1 | 5 | 5 | 12 | 22 | -10 | 8 |
| 20 | Southampton | 11 | 1 | 1 | 9 | 7 | 21 | -14 | 4 |
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