Real Madrid winger Denis Cheryshev will be allowed to leave the club, according to Spanish newspaper Sport, who claim Liverpool will be first in line to try and sign him.
Cheryshev impressed while out on loan with Villarreal last season but first team opportunities will come at a premium this season with the 24-year-old set to act as an understudy for Cristiano Ronaldo.
While Rafa Benitez has been impressed with the Russia international since arriving at the Santiago Bernabeu, Sport claim he is ready to allow the player to leave as he is unable to make any assurances over how often he will play next season.
The publication claims Liverpool were the last club to approach Real over their winger and will now be hopeful of signing him on a permanent deal.
Brendan Rodgers has considered other options from Spain with Catalan radio station RAC 1 claiming last week representatives from the club contacted Barcelona over a loan move for their 19-year-old winger Adama Traore.
But Sport insist Cheryshev is Rodgers' first choice to fill the void left by Raheem Sterling's move to Manchester City.
The Daily Telegraph claim Liverpool will make a bid of £14.9m for the winger, a figure that will match Real's valuation.
Traore could also be seen as an attainable target however after Barcelona manager Luis Enrique told the club's youngsters none of them will be promoted to the first team ahead of the 2015-16 season after last term's disappointing campaign that saw Barcelona B relegated to Spain's third tier.
But Barcelona B coach Gerard Lopez is hopeful Traore will be around to help Barcelona B in their attempts to climb back into the Segunda Division. When asked about Liverpool's interest in Traore and his plans for the player, he told Mundo Deportivo: "I am counting on him."
Liverpool have already recruited seven new faces this summer in Christian Benteke, Adam Bogdan, Nathaniel Clyne, Roberto Firmino, Joe Gomez, Danny Ings and James Milner.