Lille president Michel Seydoux has suggested the reigning Ligue 1 champions may look to turn Joe Cole's loan move from Liverpool into a permanent switch at the end of the season reports ESPNsoccernet.
The 30-year-old midfielder has impressed in Ligue 1 this campaign, and is enjoying a new lease of life with the reigning French champions.
After a frustrating spell at Anfield, Reds boss Kenny Dalglish allowed Cole to leave Liverpool on a season-long loan deal, in a bid to reignite his career.
With 56 England caps to his name, Cole's talent has never been questioned, but a succession of injuries has limited his playing time in the Barclays Premier League over the past few seasons.
Having enjoyed a run of games which has resulted in a return to form, Cole has spoken of his desire to remain in France, and Seydoux has hinted that Lille would consider signing him on a full-time basis.
"It is not a certainty that he will leave us again at the end his contract," Seydoux said to RTL.
"If he has a certain good feeling with Lille and we can make him an interesting offer - this is something that we will look into."
As speculation continues to mount about Belgian star Eden Hazard - who is poised to leave Stade Lille-Metropole in the summer, Seydoux will be hoping to negotiate a deal for the Liverpool player - who could come in as a replacement for the in-demand winger.
"There is a real chance that he [Hazard] will stay at Lille if we have a good season and he still sees challenges here," he added. "If we don't do well, it's probable that he will leave the club after this season as there's plenty of interest.
"Will €50 million be enough? Nobody is irreplaceable and there are solutions for that kind of money."