Speculation surrounding the club suggests that Aston Villa's new manager Gerard Houllier is willing to allow both John Carew and Stephen Ireland to leave the club in January, providing him with the finances to personalise the team.
The Guardian reports that Houllier views Villa striker Carew as past his peak, and he is willing to offload the player once his contract runs out siting: "Carew's contract is up at the end of the season and it will suit both parties for him to move on when the transfer window reopens."
Potential replacements have included Tottenham's Peter Crouch and current Manchester United striker Micheal Owen, which would see a reunion with the striker and his former boss.
Meanwhile Everton, Fulham and Liverpool are all said to be interested in Stephen Ireland.
Ireland only joined Aston Villa at the start of the season, after being included in the deal that took James Milner away from Villa to Manchester City.
Despite Ireland's great form at Eastlands, he has yet to impress his new boss and it appears that Houllier is eager to make his mark on the squad.
It is believed that Ireland would quickly slip in to Roy Hodgson current Liverpool squad, and could make a spectacular partnership alongside captain Steven Gerrard in the Reds midfield.
Hodgson has been vocal over his expected transfer activity in the January transfer window, and his desire to improve upon his current Liverpool squad.
'I'm wary of the January transfer window. I think it can be dangerous as clubs try to correct mistakes,' he said.
'But, having said that, we are going to very interested in trying to improve our squad in January. There is no question about that."
Liverpool have been linked with a plethora of attacking midfielders following the arrival of NESV as the new owners at Anfield, and spending looks certain for the Merseyside outfit in the opening month of 2011.