Liverpool are preparing a bid for Bolton's Adam Bogdan after the goalkeeper impressed in his side's 0-0 draw at Anfield in the fourth round of the FA Cup, according to the Daily Mail.
The Reds are in the market for a keeper to compete with Simon Mignolet and Brad Jones, with neither player up to the standard Brendan Rodgers has earmarked for his side.
Bogdan made a string of brilliant saves to thwart Liverpool in their bid for FA Cup glory and helped his team force Rodgers' men to a replay, a remarkable achievement in what was a day of upsets in the FA Cup.
The Hungarian is out of contract in the summer and will provide a cut-price option for Liverpool, who have also been looking at Norberto Neto from Fiorentina, who is also entering the final six months of his deal.
However, Arsenal have joined the race for the Brazilian Neto, as Arsene Wenger searches for a different option to Wojciech Szczesny.
The Gunners can offer the lure of Champions League football, something Liverpool cannot provide following a disappointing performance in the group stages.
Meanwhile, Bogdan is also being chased by several Bundesliga clubs, with Mainz already handing in a £1.2m bid for the player last summer.
Stuttgart and Hannover are also interested, but are yet to translate their intentions into practice.
The goalkeeper is unlikely to extend his contract with Bolton, who have used him mostly as a backup keeper, keeping faith in Andy Lonergan as their first-choice stopper.
Meanwhile, Liverpool have shown glimpses of their form from last season, with Raheem Sterling back to his best following an energising holiday in Jamaica, midway through the season. Daniel Sturridge is also on the verge of return, having missed the last four months with multiple injuries.
Rodgers' side are in a good position right now, with respect to trophies, anticipating the second leg of the Capital One Cup semi-final at Stamford Bridge this week, currently locked in a 1-1 stalemate at Anfield.