Diego Capel
Diego Capel is a target for Liverpool as well as Tottenham.

Liverpool are ready to compete with Tottenham to sign winger Diego Capel who could be allowed to leave Sporting Lisbon for a cut-price fee in January.

Capel has been a long-term target for Spurs and after the side failed to land Willian in the summer transfer window Andre Villas-Boas has been keeping a close eye on the former Sevilla midfielder.

But the Mirror is now reporting that Liverpool are also interested, particularly because they are aware that a cash-strapped Sporting side are desperate to offload Capel from their wage bill and will accept as little as £5m for his signature.

After moving through the youth ranks at Sevilla, Capel spent seven years in the club's senior line-up before securing a move to Portugal in 2011. He helped Sporting to fourth place in his first season and then suffered heartbreak in the following camapign as they narrowly missed out on European football by just three points.

Tottenham were strongly connected with a move for Capel in the summer and the one-time Barcelona youth player admitted that he would be open to the possibility of heading to the Premier League.

He said at the time: "For sure everybody wants to grow as a footballer, I'm at a great club, but you always have better objectives."

Spurs reportedly had a bid of £12.5m for Capel rejected but now with Sporting willing to sell on the cheap both the north London club and Liverpool could be coming in for his services in January.

The 25-year-old has been capped twice by Spain but both appearances came back in 2008 and he may feel a move to a Premier League club may help raise his profile.