Sky Sports sources understand Joe Cole is in talks with Lille about a loan move to the French champions.
A number of sides including Tottenham and Queens Park Rangers have been linked with the Liverpool midfielder in recent months.
The England international, 29, has struggled to make an impact at Anfield since joining last summer, playing just 20 games.
Cole is now in talks with Lille - who could offer him UEFA Champions League football - about a season-long loan.
It is believed Cole is now in Northern France to meet with Lille officials with a view to finalising a move.
Lille are keen on a number of English-based players, but their efforts to sign the likes of Yossi Benayoun and David Ngog have failed to materialise.