Danny Ings
Danny Ings is in the middle of a transfer tug-of-war between Liverpool and TottenhamGetty Images

Liverpool have suffered a major blow after Burnley reportedly accepted Tottenham's £12m ($18.4m) bid for striker Danny Ings.

According to the Daily Mail, the club are looking to get as much remuneration as possible for the striker, who will be a free agent at the end of next month and have accepted Spurs' bid for the in-demand forward.

Ings has had an impressive campaign in the Premier League despite the Clarrets being relegated and his 11 goals and four assists have attracted interest from the big boys of the Premier League.

Reports suggested that Liverpool were favourites to sign the striker, who can move to a club of his choosing, but the north London club are looking to steal a march over the Merseyside club and have bid over the odds to thwart the Reds from making a move for the forward.

Burnley are entitled to a compensation for the England U21 star despite Ings being a free agent, and if one cannot be agreed with the interested club, then a tribunal will decide the fee.

It is believed that the fee could be around the £3m - £5m mark, but the £12m bid from the White Hart Lane outfit will raise that further, making it harder for Liverpool to pursue their primary forward target.

Brendan Rodgers is said to be a big admirer of the player, who has also been approached by David Moyes led Real Sociedad, but Spurs are keen to sign the England youngster as they believe he suits their model of buying young players with potential.

However, Ings, who is set to represent England at the U21 European Championships in the summer, has admitted that his future is still unclear and he will only make a decision following his holiday.