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Liverpool Transfer News: Ben Woodburn Set for New Deal, Danny Ings Rumours

Liverpool's young forward Ben Woodburn is reportedly set to sign a new long-term contract with the club when he turns 18.

According to David Maddock of the Daily Mirror, on October 15 the teenager will agree an extension with the Reds that'll see him secure a huge pay rise. Woodburn's wage will reportedly jump from £40,000 annually to £25,000 a week.

"Liverpool have an admirable policy which restricts 17-year-olds in the first year of a professional contract to a basic salary of £40,000 a year, which is designed to give them a better perspective on their careers," added Maddock.