The deal for Olivia Smith would make her the most expensive signing in women's football

Arsenal have had a world-record bid in excess of £1m accepted by Women's Super League rivals Liverpool for forward Olivia Smith.

The current world record is the £900,000 Chelsea paid to sign United States defender Naomi Girma from San Diego Wave in January.

The deal for 20-year-old Canada international Smith is subject to a medical and personal terms being agreed.

Smith joined Liverpool from Portuguese side Sporting last summer and scored seven times in 20 WSL appearances in her debut season.