Liverpool defender target Fabricio Coloccini is set to open fresh contract talks with Newcastle United, according to ClubCall.
The Argentine international emerged as a shock target for the Reds in October, with Alan Pardew moving quickly at the time to dismiss claims his player would be moving to Anfield.
And, with just over 18 months left on his contract, ClubCall reports that the Magpies are set to open fresh discussions over a new deal at St. James' Park in January.
However, Newcastle face a major stumbling block over his £80,000 wages, with the report going on to suggest the Toon may try to half the 29-year-old's current deal.
Negotiation is likely to be needed, bit with interest from both home and abroad, most notably Spain, Newcastle will face a fight to keep hold of the former Boca Juniors starlet.
Liverpool could match the player's high wages should the opportunity arise, and Pardew is well aware that Kenny Dalglish is considering his options after bringing Andy Carroll and Jose Enrique to Anfield from the Toon.
"Liverpool like looking at our players, don't they?" he said last month.
"He's been outstanding for us as a captain and a player and we're in negotiations with him on a new contract."
The addition of Sebastian Coates showed the Reds emphasis to build for the future in the transfer window, and with Jamie Carragher's advancing years, Coloccini could be a direct replacement at Liverpool.
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