Reading have joined Liverpool in pursuit of Thomas Ince as the January transfer deadline approaches, with the Royals having submitted a formal bid for the Blackpool winger.
Liverpool have previously been linked with an offer of their own for Ince, and reportedly remain in contention to sign the England under-21 international as the days count down.
Reading manager Brian McDermott has confirmed an approach has been made for Ince but, according to BBC Sport, the offer falls short of Blackpool's £8 million valuation of the player.
"We are waiting for Blackpool to come back to us, we shall see where it goes," McDermott told a press conference on Tuesday.
"He is a Blackpool player so it is difficult for me to comment.
"But he is a player of real quality. He can play in the number 10 role, on the right and the left.
"He has fantastic feet, loves his football, scores goals, creates goals and has got a real hunger about him.
"Having said that, he is a Blackpool player so I wouldn't normally talk about a player who doesn't belong to us.
"But he deserves a lot of respect for what he has achieved since leaving Liverpool 18 months ago."
Ince, 20, joined Blackpool from Liverpool - where he had graduated through the academy - in the summer of 2011, but performances this season have led the Anfield club to register their interest in re-signing him.
According to BBC Sport, Liverpool continue to monitor Ince, although are now more likely to return for the youngster in the summer, having disagreed with Blackpool over their price tag.