West Ham will attempt to offload Carlton Cole to Liverpool in January, according to reports in today's media.
The Daily Mail alleges the Hammers are prepared to cash-in on the England striker - who has fallen down the pecking order at Upton Park - with Liverpool tipped to renew their interest in the 27-year-old.
Liverpool supposedly had a £9 million offer rejected for Cole during the summer as Roy Hodgson looked to add to his attacking options. However, West Ham are now understood to be willing to allow Cole to depart east London after the burly forward has struggled to get going this season.
Hodgson is reported to have anywhere between £20 million and £30 million to spend on new Anfield recruits in January as Liverpool owners NESV prepare to invest heavily in the playing squad to ensure future success on Merseyside.
John W. Henry - the principal owner of NESV and Liverpool - has explained that he intends to splash-the-cash before new financial restrictions are introduced to create a fairer transfer market.
This could pave the way for a bid for Cole - as well as other potential targets including Ashley Young and Shaun Wright-Phillips - as Henry strives to turn Liverpool into a European force once again.
"We are focused on getting the club positioned to win trophies within the Financial Fair Play rules that are being imposed next year," Henry told the Liverpool Echo.
"Everything we do is for the long term. Our biggest responsibility is to bring in the right people to the club on and off the field."