PIRAEUS, Greece (AFP) - Liverpool's Spanish winger Albert Riera has agreed a four-year deal with Olympiakos, the Greek side's coach Ewald Lienen said, in a deal which would be Greece's most expensive transfer.
Greek media reported that the deal will see the 28-year-old be paid 2.5 million euros a year, with Liverpool picking up five million euros for the transfer.
The transaction will be a record for the Greek league.
"Riera is a very big player who has shown his value on the teams he has played and for the Spanish national team," Lienen told a press conference.
The 28-year-old former Espanyol and Bordeaux winger is expected to sign his contract with Olympiakos either on Thursday or Friday.