Sky Sports News understands Liverpool are in talks to sign Atletico Madrid midfielder Maxi Rodriguez.
Rodriguez, who is out of contract in the summer, has fallen out of favour at Atletico and the Spaniards are understood to be willing to let him move on.
The 27-year-old is believed to be keen on a move away from the Vicente Calderon as he looks to secure his spot in Argentina's World Cup squad by playing regular first-team football.
Boca Juniors have been linked with a move to bring the winger back to his native Argentina, but Liverpool are thought to be favourites for his signature.
Liverpool boss Rafa Benitez is keen to bolster his squad in the January transfer window and with Rodriguez available for a small fee, he fits the bill for what Benitez is looking for.
