The Anderlecht Manager Herman Van Holsbeeck says that he and the club “are very satisfied” that Jovanovic is joining Sporting Anderlecht.
“After long, but fruitful negotiations with Liverpool and Jovanovic, an agreement has been reached that will bring Jovanovic to Anderlecht”, Mr Van Holsbeeck told journalists.
"He is an added value to the squad and will, along will his unquestionable talent, offer the necessary experience.”
Milan Jovanovic will undergo medical tests at Anderlecht on Thursday, after which he will sign his contact.
The move sees the Serb return to Belgium after an absence of just one year.
Jovanovic won’t be qualified to play in Anderlecht’s next league match on Friday evening against KV Mechelen.
His first appearance for the thirty-times Belgian Champions will be in their away match against Sporting Lokeren on 14 August.