Liverpool and boss Brendan Rodgers’s top priorities for the summer transfer session remain strengthening their backline and midfield, all for the sake of a deep run in Champions League.

The Reds face stiff competition from some of Europe’s top and free-spending clubs, and their first expensive battle could start with Southampton midfielder Morgan Schneiderlin, according to Daily Star.

Arsenal has already showed their willingness to spend £12 million on the 24-year-old Frenchman, who’s let it be known that an opportunity for Europe’s most coveted trophy would be difficult to turn down.

"For my progress and my visibility, it would be better to play for a club who play in the Champions League,” Schneiderlin said to The Star.

"I know there is a lot of speculation, but I still have three years on my contract, it does not depend on me.

Liverpool has reportedly armed Rodgers with a £60 million transfer budget, and it’s possible more than a sixth of that sum could go to St. Mary’s for Schneiderlin. In six years, Schneiderlin’s made 205 regular appearances for Southampton while netting 10 goals, and his consistency and versatility make him a must have for a Reds backline that surrendered several late goals that cost them the Premier League title.

Another equally expensive option comes in the form of Bayer Leverkusen midfielder Emre Can. A captain at every level of Germany’s under-15 to under-21 national squads, as reported by Daily Mirror, Rodgers is hoping to push a £10 million through quickly before Bayern Munich activates its buyback clause.

Munich sold the promising 20-year-old to Leverkusen for £4.5 million last summer, but could bring him back to Allianz given his quick development in the last term alone. Can made 29 appearances and scored three goals in his first season with Leverkusen, and figures to be just as productive for Liverpool as Schneiderlin.

Of course even though the Reds netted 101 goals during the EPL term, they will need more scoring against the likes of Barcelona and Real Madrid in UCL, and that’s where striker Loic Remy enters the transfer picture.   

Ahead of QPR’s victory over Derby that propelled them into EPL, Remy reportedly held talks with Arsenal and the Reds, according to Daily Mail. The Rangers loaned the 27-year-old out to Newcastle this season, but now that they’ve moved back into England’s top league they might not be so keen to part with the talented Frenchman.

Remy totaled 14 goals in 24 starts for Newcastle this past term, and he’s under contract with QPR until 2017 with a valuation of more than £10 million.