Reds are reportedly looking to wrap up a deal that would see the left winger make a move to Merseyside, adding to their recent acquisition of Jordan Henderson from Sunderlandhere.
Liverpool reportedly wish to wrap up a move for Aston Villa winger Stewart Downing by the end of the week.
The left-sided player has been linked with a transfer away from the Birmingham-based club for some time now, with his recent admission of wanting to play in Europe only fuelling the flames of speculation.
Now the News of the World reports that the Reds are keen on tying up a £15 million move for the midfielder by the end of the week.
Liverpool spent heavily in January to bring in Luis Suarez and Andy Carroll following the exit of Fernando Torres, while they have already begun spending this summer by signing Jordan Henderson from Sunderland for a reported £16m.