Christian Atsu is the latest player to reportedly be in advanced talks over a transfer to Liverpool, according to the Guardian.
Reds' manager Brendan Rodgers is believed to be keen on the attacking prowess of Porto's 21-year-old winger, who is available for around £3m.
After a significant breakthrough in negotiations, Ghanaian international Atsu could prove the latest success in Rodgers' extensive summer recruitment programme, that already includes Kolo Toure and Iago Aspas.
Atsu's contract expires next summer, and he has already made it clear that he will not be signing another one, forcing Porto to enter into advanced talks with Liverpool over a cut-price move.
A quick, talented but sometimes erratic winger, Atsu was brought into the Porto first-team squad during Andre Villas-Boas's time with the Portuguese champions, and is seen by the Anfield club as a player who can offer his team more width and penetration in attack.
While Liverpool's summer is likely to be dominated by Luis Suarez's efforts to move abroad, Rodgers and co. look keen to ensure they will not be left short of options come the start of the new season.
Manchester City defender Toure has already agreed upon a deal, while Celta Vigo striker Aspas looks a certainty to finalise his £7.6m deal in the coming days.
Shakhtar Donetsk's £22m-rated Armenian midfielder Henrikh Mkhitaryan, Sunderland goalkeeper Simon Mignolet and Sevilla winger Luis Alberto have also been contacted.
Funds will be raised by Andy Carroll's departure to West Ham United in a £15m move, while the likes of Stewart Downing and even Pepe Reina could still be amongst other high-profile departures.
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