Liverpool are yet to agree a deal for Inter Milan defender Davide Santon, claims the player's agent.
The Italian international full back is tipped to make an exit from the San Siro in January, and new Liverpool boss Kenny Dalglish is thought to be interested in the player.
Renzo Contratto spoke on the Barclays Premier League interest in the player earlier in the week, claiming that the teenager would be interested in a move to England.
Liverpool are thought to be leading the chase to land the player, although Arsenal and Spurs were also thought to be monitoring the situation.
Arsenal chief Arsene Wenger has confirmed that he's considering a move for a defender given the current injury crisis at the Emirates, and Santon could be an option for the Gunners manager.
However, in reference to a move to Liverpool, Contratto told FCInter1908.it: "There are no significant new developments concerning Santon."
Roy Hodgson took a keen interest in the two-time Serie 'A' winner during his reign at Anfield, leading to speculation that the Reds were favourites.
However, Arsenal's sudden need for a centre back propells them into contention for the player, and they could hijack a Liverpool move in the coming weeks.
Gary Cahill, Phil Jagielka and Per Mertesacker have also been linked with moves to north London, and it appears certain that a move for at least one defender will come in the current transfer window.
Liverpool have been linked with fewer defenders, but with promised investment in the team by new owners NESV, Dalglish is likely to strengthen in that area also. Santon is thought to be their top target despite the quotes from Contratto.