Olympiakos are set to make a shock bid for Mario Balotelli in the January transfer window, as reported in Tuttomercatoweb.
The Italian joined Liverpool in the summer for £16 million from AC Milan as a replacement for Luis Suarez.
However, the former Manchester City man is yet to find his best form on Merseyside and has scored just two goals since making his debut in August and still awaits his first Premier League goal.
With Daniel Sturridge picking up a thigh injury when on international duty for England in September, Reds boss Brendan Rodgers opted to put faith in Balotelli and played him as a lone striker for the most part of his Anfield career.
However, the big target man failed to adopt to the Northern Irishman's tactics of quick, counter-attacking football and put in a number of dreadful performances which frustrated his manager, his team-mates and the fans.
Of late, Balotelli has lost his place leading the Liverpool front-line with Raheem Sterling being preferred to play in the number nine role and has featured little coming on from the bench.
With the 24-year-old seemingly out of Rodgers' plans, the Greek side are keen to take him on loan until the end of the season as they look to retain the Superleague for a fifth consecutive year. Balotelli's recent contributions to the Liverpool side suggest that he will be leaving Merseyside sooner rather than later.
Sterling is not an out-and-out strker and has little experience playing up-top on his own, yet Rodgers has preferred to play the 20-year-old and he hasn't done all that bad.
Prior to the Reds' 2-1 victory over AFC Wimbledon in the FA Cup, most expected that Balotelli would start up-front and it would be a game that would very much help him build in confidence playing a less capable opposition.
But, the Liverpool boss opted to start with Rickie Lambert instead. Lambert also joined the club in the summer for £4 million however he was recruited as a 'Plan B' when things weren't going to plan but has in fact been 'Plan A' several times this campaign, even when Balotelli has been available.
One positive that Balotelli has on his side is the return of Daniel Sturridge. The pair have featured together just once when Liverpool met Tottenham Hotspur at the beginning of August.
The two linked up well together with some clever passing and the Palermo-native had a couple of chances that went begging. Since then, Balotelli has not had a chance to repeat this fate due to the injury of Sturridge.
Although Liverpool's number 45 has not helped himself with his poor work ethic and off-field antics, he has not been suited to playing up-front on his own and has been crying out for someone to work in tandem with him.
With Sturridge close to return, it could well be worth seeing how the two link once again before making a decision to let him leave.