It’s the time of year that there is plenty of unsubstantiated rumours flying around.
It’s always the same. Big clubs being linked to different signings every day and it’s hard to decide which reports to believe.
However, when a club vice-president publicly reveals that a club have submitted a bid for one of his players, it tends to be a bit more believable.
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That’s the case in Liverpool’s pursuit of Lorient left-back Raphael Guerreiro.
Jurgen Klopp’s side are in the market for a left full-back - especially given Alberto Moreno’s performance in the Europa League final - and have made an offer for 22-year-old.
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However, according to Alex Hayes, the club’s vice-president, the Reds are just one of four clubs that have officially submitted a bid for the player.
“No one wants to see Raphael leave, especially the president,” he told French paper Ouest, per Sky Sports.
“He will only be transferred if a club makes an offer that we can't refuse.
“For the moment, four major foreign clubs, including Dortmund and Liverpool, have made an offer.”
It’s the not the first time Dortmund and Liverpool have gone head-to-head to sign a player. In 2013, the Anfield club missed out on Henrik Mkhitaryan as he chose to play for the German club and this summer they both appear to be keen to sign Mario Gotze from Bayern Munich.
Lorient want more
However, they will need to up their offer if either side want to sign Guerreiro with Hayes admitting that they haven’t received an offer that they’re willing to accept yet.
"The fourth one shouldn't take too long to be made [officially] but for the moment none of them satisfy us.
"We're calm. We don't need to sell to balance the books."
Guerreiro has made five appearances for Portugal already and has been named in their squad for Euro 2016.
Moreno was Liverpool’s only option at left-back last season but is still yet to convince supporters of his ability to defend adequately with him receiving the majority of the blame for Sevilla’s comeback victory in the Europa League final.
Joe Gomez had begun the campaign playing in that position under Brendan Rodgers but the 19-year-old is predominantly a centre-back while Jon Flanagan has struggled since his long injury layoff.
Therefore, a left-back is a priority for Klopp and Guerreiro is one of two options they are looking at. According to reports, they are also extremely interested in Leicester’s Ben Chilwell with the talented youngster subject to a £4 million bid, according to the Daily Mail.
It’s unlikely they will look to sign both Guerreiro and Chigwell, unless of course they plan on selling Moreno - something that some Liverpool fans would be delighted with.