Liverpool are reportedly ready to meet Dani Parejo's £20.3m release clause - although they will also need to agree personal terms with the Valencia midfielder to complete the deal.

Valencia president Amadeo Salvo confirmed earlier last week they had received an offer for the Spaniard, but warned suitors they must meet his release clause as they are unlikely to negotiate.

"We have received several offers for Parejo but while I am the president Valencia will not sell him unless any club meet his release clause."

And according to Valencia-based newspaper Super Deporte the Reds are set to trigger Parejo's €25m (£20.3m) buy-out clause – although they also will need to convince the player to move away from La Liga.

Super Deporte says that Liverpool chief scout Barry Hunter watched Parejo during Valencia's 2-1 victory over Granada earlier this season and Rodgers sees his tiki taka style as the perfect complement for his midfield.

After Liverpool secured Champions League football for the first time in four years the manager is looking to bolstering the squad with the aim of challenging on all fronts next season.

Rodgers himself recently revealed he is looking for one or two top additions and while reports in England claim Adam Lallana could become his first summer signing it looks like Parejo could follow the Southampton star.

"I don't want to put a figure on how many [players I would like] but I would rather have one or two absolute top players than seven that might not help us," Rodgers said.

"It's about the quality. We can't be going into the Champions League this year with doubts about players. We have to be going in knowing what the players' capacity to play is and their capabilities."

Parejo's versatility in both creative and defensive roles allows him to provide cover in all areas for Steven Gerrard, Jordan Henderson, Joe Allen and even Lucas Leiva.

Meanwhile, his short loan spell at Queens Park Rangers during the 2008/09 season may help him adapt to English football and avoid the struggles encountered by Iago Aspas and Luis Alberto this season.