PSV Eindhoven have told Liverpool that Ola Toivonen is available at the right price.
Roy Hodgson has reportedly been closely tracking the Sweden striker, and the Daily Mail says that the Reds boss - and his assistant Sammy Lee - have been to watch their target in action three times in the space of a week.
Lee and Hodgson were given a first-hand exhibition of the 24-year-old's talents, with the former seeing him score five goals in two games for PSV and the latter watching him net for Sweden against Scotland.
This had led to growing speculation that the Merseysiders are set to table a bid for the former Malmo forward, and Sky Sports have reported that his current employers would consider an offer in excess of £10 million.
Hodgson is believed to be on the lookout for another goalscorer to take the burden away from Fernando Torres and - with 24 goals in 49 games for PSV - Toivonen appears to fit the bill.
Liverpool have also been linked with big-money bids for West Ham target-man Carlton Cole and ex-Reds centre-forward Peter Crouch.