Valencia could be looking to bolster their attacking ranks with a January move for Liverpool playmaker Iago Aspas, according to a report in the Daily Star.
Aspas enjoyed a good start to the season, linking up well with Coutinho and striker Daniel Sturridge, but the 26-year-old Spaniard has missed several games with an injury.
It is thought that Aspas could be brought in as a possible backup if Valencia fail in their bid to land Chelsea striker Demba Ba, while Arsenal are also rumoured to be interested in the midfielder's services.
Aspas originally signed for Liverpool from Spanish club Celta Vigo.