Seyi Ojo, 14, is on his way to Anfield. The highly-rated teenager was linked with Liverpool last month and officially joined the Reds from MK Dons on Thursday, according to MKDons.com.
"This is the opportunity of a lifetime for Seyi and his parents which has proved far too difficult to turn down," MK Dons chairman Pete Winkelman said. "There has been a lot of interest and speculation regarding Seyi which he has coped with admirably."
Neither club gave financial details, but it is believed that the Reds would pay around £2 million ($3.2 million) to bring the England youth international into its youth setup.
Ojo joined the Dons as a 10-year-old and regularly played above his age group. The talented youngster has appeared twice for England's U-16 national team.
"We are extremely proud to have Seyi in our record books as our first schoolboy to receive an international cap," Winkelman added. "Everyone at the Club would like to wish Seyi the best of luck in his future and we all look forward to the day he runs out at Anfield."
Liverpool's academy director Frank McParland and his staff will tasked with developing Ojo's game so that he graduates to the club's reserve and senior teams.