Liverpool may be in line to hijack Tottenham's bid to sign on-loan striker Emmanuel Adebayor, according to a report in the Metro.
Adebayor has been generally impressive during his season-long loan from Manchester City at White Hart Lane, scoring 13 Premier League goals.
But according to the story, despite their wishes to sign the Togolese striker on a permanent basis, Tottenham may not be able to meet Adebayor's high wage demands.
It is widely believed that the majority of Adebayor's wages are still being paid by his parent club Manchester City. The high-spending title chasers have had difficulty shifting a number of players off of their roster due to the lucrative contracts they were handed at the Etihad.
One such player was Craig Bellamy, who in the end was released on a free transfer to Liverpool last summer.
While Tottenham have a fairly strict wage structure, Liverpool could have more flexibility, meaning a move for Adebayor is a possibility.
The club are sure to be looking to add to their forward options come the summer and Adebayor is the type of player who would fit the bill. With Andy Carroll failing miserably since his big-money move, the Reds need a focal point to their attack alongside Luis Suarez, something Adebayor would bring.
In a busy couple of days for transfer speculation involving Liverpool, the Metro is also reporting that the Anfield outfit are also interested in Real Madrid center-back Raul Albiol.
The 26-year-old Spanish international has only appeared six times in La Liga for Real this season and could be set for a move away from the Bernabeu come the summer.
Liverpool may face competition for Albiol's signature from Premier League rivals Manchester City as well as Juventus and Paris Saint-Germain, according to the report.
While Liverpool have performed well defensively this term, the squad's lack of depth in that department has been exposed by the recent injury to Daniel Agger. With Jamie Carragher approaching the end of his career, Liverpool could well be looking to increase their options at center-back for next season.
And in that vein, the club have also been linked with another Spanish defender, in Atletico Madrid's Alvaro Dominguez. The 22-year-old can play at left-back as well as center-back and could be attainable should Atletico fail to achieve European qualification for next season, according to Caught Offside.
Another story involving the Reds, concerns a player likely on his way out of the club this summer. Joe Cole, who is currently on a season-long loan with French club Lille is interesting Aston Villa, according to the Daily Star.
The 30-year-old has only made a handful appearances since joining Liverpool on a free transfer in 2010 after the expiration of his contract at Chelsea. And with the England international still having two years remaining on a reported £70,000- ($112,000) a-week deal, Liverpool could be keen to removed him from their wage bill.
Two attacking players that could be coming into the club to replace Cole on the books are youngsters Cristian Tello and Wilfried Zaha, according to Caught Offside.
Barcelona prodigy Tello has reportedly yet to be tied down to a long-term contract at the Nou Camp and so it is feasible that he could be tempted into a move away if a club can offer him regular first-team soccer.
However, Tello, 20, has already made his mark in the Barcelona side, scoring twice on his Champions League debut against Bayer Leverkusen last month.
Certainly it would be an ambitious move for Liverpool to try and lure Tello to the club.
Finally, Crystal Palace winger Zaha, is said to be interesting a number of Premier League clubs and looks set for a move to England's top tier for next season.
Whether he is at the level that Liverpool should be looking to recruit is very much up for debate, though.