Maxi Rodriguez is close to joining Liverpool according to his agent Jurgen Milewski.
The Argentine international is thought to have opened talks with the Reds at the weekend after he was purposely left out of the Atletico Madrid squad for their game against Sevilla on Saturday.
The 29-year-old has fallen out of favour in Madrid this term and looks certain to switch to the Premier League.
The former Espanyol winger is out of contract in the summer but is only likely to sign initially on a short-term loan deal.
"I can say the chances of a transfer are high," Milewski is quoted as saying in the Daily Mirror.
In order for the transfer to go through Reds manager Rafa Benitez is looking to free up space on the wage bill by selling the likes of Andrea Dossena and Andriy Voronin, both of whom are locked in talks with respective suitors.