Liverpool are reportedly preparing a bid for Southampton starlet Alex Oxlade-Chamberlain.

The England U18 international has been linked with an Anfield switch for close to a month now, but speculation in the British media has reached fever pitch today with new Liverpool boss Kenny Dalglish reportedly ready to make a move.

Damien Comolli, director of football strategy at Liverpool, has made personal scouting trips to watch the player on a number of occasions, and the Frenchman now appears to have given the green light with regards to a move.

Arsenal boss Arsene Wenger is also thought to be interested in the player dubbed 'the new Theo Walcott, whilst Manchester United manager Sir Alex Ferguson is also thought to be monitoring the situation.

However, it seems the Merseysiders are ready to make the first move for the player, who has made 22 League One appearances for the Saints in his fledgling career thus far.

New Liverpool owners NESV are keen to see young, attacking talent added to the ranks at Anfield, and have provided Dalglish with a transfer war chest in the region of £35 milllion.

An attacking foil for Fernando Torres is thought to be the priority for the Reds, and a flying teenage winger with the talents of Oxlade-Chamberlain would certainly be heralded as a coup by the Liverpool faithful as they hope for reinforcements this month.

Whilst neither club has confirmed the interest, it is thought that an initial fee of £10 million with add-ons of £2 million could be enough to bring the player to Anfield for Liverpool.

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