Arsenal will reportedly contemplate selling midfielder Jack Wilshere in the summer.
The England international was criticised after being pictured smoking, but appeared to have been given public backing by Gunners boss Arsene Wenger.
However, the Daily Mail claims that Wenger may be ready to offload the 23-year-old at the end of the season, despite his public vote of confidence.
Premier League teams could struggle to pay his reported £80,000-a-week wages as well as a mooted £25m transfer fee, but Liverpool might move for the player as they look to replace outgoing captain Steven Gerrard.
The Reds may face competition from West Ham United, who are looking for key signings to bolster their profile as they prepare to move to the Olympic Stadium.