The Dutchman will arrive before the end of the transfer window to join up with his former coach at Ajax, Martin Jol.
“He can play left midfield, wide, play number 10, [and] I feel we need fresh legs,” said Jol.
“I coached him at Ajax. He is a skilful player, very agile. He is very mobile and quick.”
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.