Sky Sports understands Liverpool are hopeful of signing Yossi Benayoun from Chelsea on a season-long loan.
The 32-year-old is desperate for a move away from Stamford Bridge after being told by manager Roberto Di Matteo that he was not part of his plans.
Benayoun has a year left on his £70,000-a-week contract, but is determined to exit Stamford Bridge after dropping down the pecking order with the club bringing in Eden Hazard and Oscar.
The Israeli international spent last season on loan at Arsenal, and with the Blues seeking as much as £3million for the midfielder, it seems likely a loan deal will be accepted.
Liverpool have now emerged as favourites to land the player who enjoyed three years on Merseyside from 2007-10.
He made more than 90 appearances and scored Premier League, Champions League and FA Cup hat-tricks during his time at Anfield.