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Published 15:02 24 Jun 2016 BST
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The Saints could make a profit of £18m on the player, which isn't as much money as it used to be after the events in Britain on Friday.
Mane was dropped from the starting line-up last February due to disciplinary reasons, and has made no secret of his desire to potentially leave Southampton.
Mane could become the fifth player to make the move from St. Mary's to Anfield and the record so far has been patchy. Nathaniel Clyne impressed last season, Adam Lallana has improved under Jurgen Klopp and the jury remains out on Dejan Lovren.
It's best we don't mention Rickie Lambert.
It's unclear if the move for Mane will affect Liverpool's pursuit of Mario Gotze.

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