The 16-year-old winger has already been called up to Rovers' first-team on a number of occasions this season, and is emerging as one of the Pirates' prized assets.
However, with up to a dozen top-flight clubs also said to be monitoring the situation, Liverpool will face a fight to secure his signature.
Rovers must now decide whether to cash-in on Hunter before the Elite Player Performance Plan [EPPP] is introduced this summer, which could see the League Two outfit miss out on a bumper sale.
The ruling will set a tariff for young players being sold to clubs, but if Rovers decide to sell now they could command a fee from Liverpool or Manchester City in excess of £1million.
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