Borussia Dortmund's England international Jude Bellingham has been in Germany more than 12 months.
He has regularly been linked with moves back to England, having impressed in the Bundesliga.
Liverpool had a quiet transfer period, with only French defender Ibrahima Konate signed.
TOP STORY - LIVERPOOL TO LAUNCH RECORD BELLINGHAM DEAL
Liverpool will launch a record £80million (€93m) deal to secure central midfielder Bellingham from Borussia Dortmund claims the Daily Star.
The report says the England international is Reds manager Jurgen Klopp's top transfer target.
Theproposed deal would make 18-year-old Bellingham the club's most expensive ever signing.
- Real Madrid have joined Manchester United and Barcelona in the race to sign Leicester City midfielder Youri Tielemans according to AS. The current contract of the 24-year-old Belgium international expires in 2023.
- Leicester City's Senegal midfielder Nampalys Mendy will join Istanbul giants Galatasaray on loan before the Turkish transfer window closes, reports Foot Mercato. Mendy, who has been on international duty, will rush to Turkey to complete the deal.
- Le10Sport reports that veteran Brazilian free agent David Luiz is set to ignore options with Marseille and Salernitana and instead return to his homeland.
- Roma will make another move for Borussia Monchengladbach midfielder Denis Zakaria in January after missing out on him during the most recent transfer window reports Corriere dello Sport.