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A name that has featured prominently in recent months is Milos Kerkez, with the Reds expected to sign a new left-back.
Although the 21-year-old is not the only option on Liverpool's radar, they could hold a potential edge in the transfer race, as sporting director Richard Hughes was the one who brought the defender to Bournemouth from AZ Alkmaar in 2023.
Kerkez is also a close friend of Dominik Szoboszlai with the two being international teammates for Hungary.
In a recent update by Fabrizio Romano, the journalist claims there's no release clause for Kerkez though reports have cited that Bournemouth have slapped a £45m asking-price on his head.
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He has gone on to establish himself as one of the most exciting full-backs in the top-flight and has started in all league games for the Cherries this season.
The youngster made his stance clear when asked about joining Szoboszlai at Anfield.
I have big goals with Bournemouth, we still have a lot of games to win, that’s the most important thing right now."
In addition to Kerkez, the Reds are also following Dean Huijsen's situation closely.
He adds that the defender is 'leaning towards a move internally', suggesting he will likely stay in the Premier League but join a 'different club'
The Cherries are likely to accept no less than his £50 million release clause, however.
In addition, Antoine Semenyo is another player who could depart the Vitality Stadium at the end of the season