Liverpool have begun negotiations with Dnipro over a deal for Ukraine international Yevhen Konoplyanka, Goal understands.
Brendan Rodgers is keen to take the opportunity to add to his squad before the January transfer window closes on Friday, with the Reds firmly in the mix to challenge for a top-four finish.
|8/11||Liverpool are 8/11 with Paddy Power to finish in the top four|
Liverpool are, however, reluctant to pay such a lofty fee and are looking to strike a deal around the £12m mark as they attempt to secure a signing late on in the window having missed out on Mohamed Salah to Chelsea.
Speaking after watching his side's 4-0 thumping of Merseyside rivals Everton, Rodgers expressed his desire to seal a "major signing" before Friday's deadline.
"I think we will hopefully do something over the next couple of days," the Liverpool boss said.
"Hopefully we can have a major signing before the window shuts and if we can do that we will be set up for the remaining games."
Despite reports again linking Thomas Ince with a return to Anfield, Goal understands that the Merseysiders are not currently interested in the 21-year-old, who has been granted permission to leave Blackpool on loan in January.