Shaqiri, 26, is set to leave Stoke this summer following their relegation from the Premier League and a number of clubs have been weighing up moves for the Switzerland winger.
Stoke have completed their first signing of the summer after agreeing a £6.35m deal with Portuguese side Feirense for Oghenekaro Peter Etebo.
The 22-year-old spent the second half of last season on loan at Las Palmas but decided not to make the move permanent after they were demoted to the second tier of Spanish football.
Shaqiri made his name at FC Basel after coming through their youth ranks before earning a move to Bayern Munich six years ago and he won two Bundesliga titles and the Champions League during his time in Germany.
Etebo will join the Potters in preparing for life in the English Championship, immediately after Nigeria's campaign at the World Cup.
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Etebo has been capped 14 times by Nigeria and came on as a substitute in last week's friendly against England at Wembley.
The Swiss global will now head off to the World Cup and attempt to help his country emerge from a tricky group featuring Brazil, Serbia and Costa Rica, but he could be heading to Anfield after the tournament.
Stoke City manager, Gary Rowett added: "We're really excited to have got the deal over the line for Etebo".
The Switzerland worldwide has made no secret of the fact he is looking to quit Stoke City this summer following the club's relegation from the Premier League and a stay in England's top flight is his first choice.
"Etebo is a very mobile, energetic midfielder and he's a great age".