The 24-year-old striker is reportedly set to undergo a medical ahead of a move from AC Milan on Friday and the Reds boss acknowledges "sometimes you have to take a risk."
The 24-year-old reportedly traveled to England on Friday to undergo a medical ahead of a 20 million euro move from AC Milan.
Rodgers refused to confirm Liverpool’s approach for the Italy international but acknowledged the club is willing to gamble.
"I can categorically tell you I can't speak about it before the player has signed," said the Liverpool manager. "We always said we were working for another striker. If we can do a deal for anyone we will. Sometimes you have to take a risk with people, but a lot of the time if you take that risk you get a reward for it. It’s not easy finding new players as there’s a small pool of players we could actually buy. But a lot of good work is going on."
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Without naming the player, Rodgers implied he has no apprehensions about Balotelli’s behavior and that the forward will be given the chance to develop at Anfield.
"We have an intensive code of conduct for any member of staff here. That covers everyone, not one particular individual," Rodgers said. "Nothing will ever shake our fantastic environment. We’ve got a learning environment for players, lots of players improving.
"No player would come into here if I felt it couldn’t work. If I can help the person, then it’s something I will look at too. People who know me well will tell you I look to try and develop the player and the person. Thankfully we have that culture here. I’ve shown before that as long as players care and want to learn, we can give them the opportunity to develop."