Liverpool are one of five clubs monitoring Udinese forward Luis Muriel, Talksport claims.
The 23-year-old has fallen out of favour at the club having started only 13 league games, which could see him signed for a cheaper fee.
However, the Reds would reportedly face competition from Fiorentina, Juventus, Lazio and AC Milan.
But also report Inter Milan are in pole position to sign Fabio Coentrao.
The radio station claims the Real Madrid left back has been attracting attention from Anfield, with Brendan Rodgers keen on the Portuguese international.
But sources in Italy claim San Siro chiefs have already met with the 26-year-old’s agent Jorge Mendes to discuss a summer deal.
Another reported target, Miralem Pjanic, is uncertain on his future at Roma.
The dynamic midfielder has scored five goals and grabbed six assists this season, but Soccer Lens report the Serie A club may sell their prized asset this summer.
And finally, the Mirror reports the Reds look set to win the race to snap up top Italian talent Christian Capone from Atalanta.
Mid-table Serie A outfit Atalanta are resigned to losing the teen prodigy, and a host of top Italian clubs have expressed an interest in signing Capone.
However, the Reds reportedly believe they have beaten off the competition from Italy and it is understood the 15-year-old is expected to pick Anfield as his next destination.
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