The Argentina international, who played for La Albiceleste in their resounding victory at the 2022 World Cup in Qatar, is about to sign a long-term contract at Anfield.
The 24-year-old is rumored to have reached a personal agreement with the Reds, and after a medical is finished, a significant transfer will be approved.
The amount involved, according to Italian journalist Fabrizio Romano, is significantly lower than the £60 million ($74 million) fee that has been rumored.
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Mac Allister will sign a contract with Liverpool that runs through 2028, and his physical exams are anticipated to happen within the next 24 to 48 hours.
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