Liverpool are in advanced talks with Benfica over a possible swoop for winger Eduardo Salvio, according to Metro.
The 24-year-old currently holds a buyout clause of £43.6m with the Portuguese club and they remain determined to get the full amount from any such interested club.
Liverpool have been monitoring his performances this season and are convinced that he is the right man to improve their attacking options.
Any deal is now being negotiated between Liverpool officials and Benfica.
Meanwhile, Reds target Felipe Anderson of Lazio is likely to reject any interest from Liverpool.
The 21-year-old is set to sign a new deal with the Serie A club, which will see him tied down until 2019.