According to the Daily Mail, the Reds are preparing a £25-million move for Sadio Mane, who scored 15 goals in all competitions last season.
Should the deal go through, it will represent some great business for the Saints, who signed the Senegalese international from Red Bull Salzburg for £11.8-million two years ago.
Liverpool’s archrivals Everton are also plotting some moves, with reports in Turkey indicating that they have triggered Wesley Sneijder’s 5.7-million release clause.
The former Ajax Amsterdam, Inter Milan and Real Madrid midfielder is currently playing for Galatasaray.
Meanwhile, Manchester United look set to miss out on young Basel striker Breel Embolo.
The 19-year-old has been on show for Switzerland at Euro 2016 and caught the eye, but German newspaper Bild reports that Schalke have beaten the Red Devils to his signature.