Bournemouth are allegedly on the verge of finalising an £8 million move for Liverpool centre-half Nat Phillips.

The club are celebrating their return to the Premier League after clinching a promotion from the Championship.

The Cherries finished runners-up to Fulham in the division – ensuring they’ll be in the top-flight next season after a two-year absence.

The 25-year-old defender played a key role in their success after heading to the South Coast from Merseyside in January.

Scott Parker’s side initially paid £1.5 million to land the star on a short-term loan deal. They have also just shelled out another £250,000 to the Anfield outfit after promotion was sealed.

Now The Express report that they have opened discussions with Liverpool over a £8 million permanent transfer. He made 17 Championship appearances for his current team following his January arrival.

The Vitality Stadium outfit didn’t have an option to buy as part of the agreement for Phillips but now the board want to bring the Englishman back to the club on a full-time basis.

However, should the English giants not want to sell, then they’d also be happy to get Nat on a season-long loan. The Bolton-born player has also hinted that he’d like to stay at the newly-promoted side.