Liverpool have reportedly been 'alerted' by news that Inter Milan are considering the future of Philippe Coutinho.
The Brazilian international midfielder, who made his debut for Mano Menezes' side in 2010, made an impressive start to life at the San Siro under former Reds boss Rafa Benitez after his move to Serie 'A' in the same year.
However, a lack of fitness and form led to the 19-year-old falling out of favour under Leonardo, and new boss Claudio Ranieri is also thought to be unsure over the former Vasco da Gama starlet.
That could open the door to Liverpool, with Calciomercato.com reporting that the Nerazzurri are willing to offload the player at the next opportunity in 2012.
Roy Hodgson was first linked with a move to bring the player to Anfield before his departure in January, and Kenny Dalglish was also reported to be keen on securing the player's services at Liverpool in the summer.
'King Kenny' spent big to bring the likes of Jose Enrique, Charlie Adam and Stewart Downing to Merseyside in the summer, and could again turn to Liverpool owners FSG in an effort to fund the deal.