Liverpool have been linked with a move for Salah throughout the January window - however reports emerged last night that Chelsea were poised to swoop for the 21-year-old.
With the sale of Juan Mata to Manchester United almost complete, Chelsea appear to have identified Salah as the man to take his spot in their squad, with reports suggesting they have offered Basel £11 million for his services.
However Liverpool appear to be refusing to go down without a fight, and according to the Metro have offered £12 million for the forward, plus an extra £2 million in performance-related bonuses.
Liverpool are reportedly waiting to see if their offer has been accepted - if it is then the race is on to convince the youngster that his future lies at Anfield rather than Stamford Bridge.
Salah put himself in the shop window ahead of the January transfer window with some fine performances in the Champions League, and he scored the winner against Chelsea in their Champions League defeat against Basel at Stamford Bridge earlier this season.
Liverpool have had a quiet window to date after a busy summer, while Chelsea have already announced the capture of midfielder Nemanja Matic from Benfica.