Valencia full back Aly Cissokho has revealed he has agreed terms with Liverpool but is waiting on an agreement to be met between the two clubs.
With youngster Jack Robinson completing a loan move to Blackpool, the Reds have heightened their search for cover for Jose Enrique at left back ahead of the new season and have been strongly linked with France international Cissokho, after a deal for Benfica full back Lorenzo Melgarejo was abandoned.
Former Porto and Lyon defender Cissokho is eager to make his move to Anfield, but such a deal could be under threat as Valencia look to offload the defender on a permanent basis and recoup the €5m they paid for his services just last summer.
Brendan Rodgers would prefer to take the 25-year-old for a season on loan before deciding upon a permanent move.
"Liverpool have made me an offer and it is true I have reached an agreement with them," Cissokho is quoted as saying by French publication Le Sport 10.
"It is now up to the clubs to agree terms. I expect to know more later this week.
"If nothing happens this week, it probably means that I will not be going to Liverpool.
"The conditions of the transfer are the problem. Liverpool prefer a loan deal with an option to buy, while Valencia want to sell straight away. If the transfer doesn't take place, it's not a problem either. I am feeling well at Valencia."
Should Liverpool be unable to strike a deal with the La Liga giants, the club will have just three weeks to identify another target to provide cover for Spaniard Enrique.
The club have also been linked with Granada full back Guilherme Siqueira in recent weeks, with the Brazilian defender very interested in a potential move to Merseyside, Spanish reports suggest.
Neighbours Everton are also reportedly in contention for the 27-year-old as the club make contingency plans should Manchester United return with an improved bid for Leighton Baines.