It had been suggested that the two clubs had agreed a fee in the region of £12m for the 20-year-old, but sources in the Potteries suggest the price will be ‘considerably in excess of the widely-reported £12m’, with a sizeable amount in add-ons which are very achievable.
Burnley’s club record is £15m, paid out for Chris Wood in 2017, and Ben Gibson the following year.
And they'll reportedly have to match that should they want to prize Liverpool centre back Nat Phillips away from Anfield.
The 24-year-old is being strongly linked with a summer move to Turf Moor.
Will the pair soon be lining up in this gallery of £5m+ Burnley signings?
5. Jeff Hendrick - £10.5m
The Republic of Ireland midfielder was another of Burnley's record signings when joining from Derby County in August 2017. The 29-year-old made 107 Premier League starts for Burnley and netted nine times.
Photo: Mike Hewitt
6. Jay Rodriguez - £10m
The Burnley-born striker returned for a second spell at Turf Moor in the summer of 2019 after joining from West Bromwich Albion. Rodriguez, who had previously moved to Southampton in 2012, has scored nine times in 67 PL games this time around.
Photo: Daniel Leal Olivas
7. Jack Cork - £10m
The midfielder re-joined the Clarets for what was, technically, a third spell with the club in July 2017. Cork, who enjoyed two loan spells at the club in 09/10 and 10/11, has notched up 120 Premier League starts since signing from Swansea City.
Photo: Stu Forster
8. Andre Gray - £9m
The striker, signed from Brentford, scored 23 goals in his first season with the club as the Clarets were promoted to the Premier League as champions. He scored nine goals in the Premier League the following term, including a hat-trick against Sunderland.
Photo: Mark Robinson