Liverpool defender target Fabio Coentrao is being linked with a move to either Chelsea or Bayern Munich.
The Portuguese international left back has been heavily linked with a move to Anfield in the past, and Liverpool boss Kenny Dalglish is thought to be in the market for a player in the problem position.
Valued at £25 million by Benfica, the former Rio Ave star has previously proclaimed his 'love' for the Merseysiders, fueling speculation over a possible move to the Reds.
"I love Liverpool," the 22-year-old was reported as saying on Live4Liverpool back in January.
It's thought that Blues boss Carlo Ancelotti saw the player as a potential replacement for Ashley Cole earlier in the season amidst reports the England international would consider a move to Real Madrid, but with the player set to stay at Stamford Bridge it's unknown what the Italian has in his mind.
Portuguese newspaper the Record states the club are still interested in signing the player though, with a potential view to playing him in a more advanced position perhaps. Bundesliga giants Bayern Munich are also one of the leading contenders.
The player's previous statement suggests Liverpool would have a chance of signing the player should they wish to pursue, and a handful of left backs have been linked with the Merseysiders in recent weeks.
Jose Enrique and Taye Taiwo are also thought to be on the club's radar, although Coentrao would be the most expensive option should Liverpool wish to join the chase.