British tabloidThe Daily Mail reports thatPortsmouth are lining up a £2 million bid for Jermaine Pennant, the out-of-favour Liverpool midfielder.
Pompey boss Tony Adams is eager to add some high quality, cut-priceoptions to his squad this winter, especially after losing Lassana Diarra and Jermaine Defoe.
But the FA Cup holders face stiff competition for Pennant, who has been courting interest from all over Europe in the past few weeks.
Real Madrid came close to sealing a deal forthe former Arsenal player at the end of December, but their interest has faded after failing to agree personal terms.
Sevilla are now tracking the 26-year-old, who is interested in a switch to Spain, while AC Milan are hoping to wrap up a pre-contract which would see him move to Italy when his contract expires in the summer.
Thus, Portsmouth may have to up their offer considerably if they wish to land Pennant, and their current financial position means they may struggle to meet the Nottingham native's wage demands.
Hull City, Stoke City and Wigan Athletic have also been linked with the former Birmingham City star.
Mike Maguire, Goal.com
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